Symphony Financial Ltd. Co. Boosts Position in MV Oil Trust (NYSE:MVO)

Symphony Financial Ltd. Co. raised its holdings in shares of MV Oil Trust (NYSE:MVO) by 11.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 69,613 shares of the oil and gas producer’s stock after purchasing an additional 7,321 shares during the period. Symphony Financial Ltd. Co. owned 0.61% of MV Oil Trust worth $219,000 at the end of the most recent reporting period.

NYSE:MVO opened at $4.36 on Thursday. MV Oil Trust has a fifty-two week low of $1.76 and a fifty-two week high of $6.35. The stock has a market capitalization of $50.14 million, a P/E ratio of 4.69 and a beta of 1.44. The company’s 50-day simple moving average is $3.12 and its 200-day simple moving average is $2.93.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 25th. Stockholders of record on Friday, January 15th will be issued a $0.1025 dividend. This is a boost from MV Oil Trust’s previous quarterly dividend of $0.10. This represents a $0.41 dividend on an annualized basis and a dividend yield of 9.40%. The ex-dividend date of this dividend is Thursday, January 14th.

About MV Oil Trust

MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC. Its properties include approximately 900 producing oil and gas wells located in the Mid-Continent region in the states of Kansas and Colorado. The company was founded in 2006 and is based in Houston, Texas.

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