Sanctuary Advisors LLC Takes Position in Barings Corporate Investors (NYSE:MCI)

Sanctuary Advisors LLC bought a new stake in shares of Barings Corporate Investors (NYSE:MCI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,862 shares of the financial services provider’s stock, valued at approximately $206,000.

Other large investors have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. boosted its stake in 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 valued at $365,000 after purchasing an additional 5,940 shares during the last quarter. Consolidated Portfolio Review Corp purchased a new stake in shares of Barings Corporate Investors during the 4th quarter valued at approximately $206,000. Secure Asset Management LLC boosted its holdings in Barings Corporate Investors by 8.0% in the 4th quarter. Secure Asset Management LLC now owns 174,641 shares of the financial services provider’s stock worth $3,559,000 after buying an additional 13,010 shares during the period. MML Investors Services LLC grew its stake in Barings Corporate Investors by 119.4% in the 3rd quarter. MML Investors Services LLC now owns 30,704 shares of the financial services provider’s stock valued at $612,000 after buying an additional 16,712 shares in the last quarter. Finally, Round Rock Advisors LLC bought a new stake in shares of Barings Corporate Investors during the 4th quarter valued at $384,000.

Barings Corporate Investors Trading Down 1.4 %

Shares of MCI opened at $20.73 on Thursday. Barings Corporate Investors has a twelve month low of $16.91 and a twelve month high of $25.24. The business’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 company also recently disclosed a — dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 30th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, December 30th. This represents a yield of 8%.

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.