30,248 Shares in Barings Corporate Investors (NYSE:MCI) Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. purchased a new stake in shares of Barings Corporate Investors (NYSE:MCI - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 30,248 shares of the financial services provider's stock, valued at approximately $603,000. Benjamin Edwards Inc. owned about 0.15% of Barings Corporate Investors at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of MCI. Mayfair Advisory Group LLC bought a new stake in shares of Barings Corporate Investors during the 3rd quarter valued at about $224,000. Future Financial Wealth Managment LLC boosted its holdings in shares of Barings Corporate Investors by 1.7% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 49,619 shares of the financial services provider's stock worth $989,000 after buying an additional 814 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Barings Corporate Investors by 21.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 62,116 shares of the financial services provider's stock worth $1,157,000 after buying an additional 11,156 shares during the period. Commerce Bank increased its stake in shares of Barings Corporate Investors by 426.7% in the 3rd quarter. Commerce Bank now owns 72,820 shares of the financial services provider's stock valued at $1,451,000 after acquiring an additional 58,994 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Barings Corporate Investors by 40.3% in the 2nd quarter. Cetera Investment Advisers now owns 85,579 shares of the financial services provider's stock valued at $1,593,000 after acquiring an additional 24,595 shares in the last quarter.

Barings Corporate Investors Stock Up 0.6 %

NYSE MCI traded up $0.11 on Friday, hitting $19.92. 8,659 shares of the company were exchanged, compared to its average volume of 33,801. The stock has a fifty day moving average of $19.67 and a 200-day moving average of $18.79. Barings Corporate Investors has a 12 month low of $16.42 and a 12 month high of $20.48.

Barings Corporate Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Monday, November 4th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 4th. This represents a $1.60 annualized dividend and a dividend yield of 8.03%.

Barings Corporate Investors Company Profile

Babson Capital Corporate Investors trust is a closed ended fixed income mutual fund launched and managed by Barings LLC. It invests in fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in a portfolio of privately placed, below-investment grade, long term corporate debt obligations.