IFP Advisors Inc acquired a new stake in Barings Corporate Investors (NYSE:MCI - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 16,000 shares of the financial services provider's stock, valued at approximately $326,000. IFP Advisors Inc owned 0.08% of Barings Corporate Investors as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new position in shares of Barings Corporate Investors during the fourth quarter worth about $206,000. Consolidated Portfolio Review Corp purchased a new position in shares of Barings Corporate Investors in the fourth quarter valued at $206,000. ST Germain D J Co. Inc. increased its stake in shares of Barings Corporate Investors by 49.6% during the 4th quarter. ST Germain D J Co. Inc. now owns 17,925 shares of the financial services provider's stock worth $365,000 after purchasing an additional 5,940 shares in the last quarter. Round Rock Advisors LLC acquired a new position in shares of Barings Corporate Investors in the fourth quarter worth $384,000. Finally, World Investment Advisors LLC purchased a new stake in shares of Barings Corporate Investors in the third quarter valued at $410,000.
Barings Corporate Investors Trading Down 1.4 %
MCI traded down $0.29 during trading on Wednesday, hitting $20.73. The company's stock had a trading volume of 20,600 shares, compared to its average volume of 57,598. Barings Corporate Investors has a twelve month low of $16.91 and a twelve month high of $25.24. The firm's 50 day moving average price is $21.13 and its 200-day moving average price is $20.00.
Barings Corporate Investors Dividend Announcement
The business also recently disclosed a -- dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 30th were paid a dividend of $0.10 per share. This represents a dividend yield of 8%. The ex-dividend date of this dividend was Monday, December 30th.
About Barings Corporate Investors
(
Free Report)
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.
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