Barings Corporate Investors (NYSE:MCI) Shares Purchased by Secure Asset Management LLC

Secure Asset Management LLC grew its holdings in Barings Corporate Investors (NYSE:MCI) by 7.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 161,631 shares of the financial services provider’s stock after acquiring an additional 11,273 shares during the period. Secure Asset Management LLC owned about 0.80% of Barings Corporate Investors worth $3,221,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. BHK Investment Advisors LLC lifted its holdings in Barings Corporate Investors by 66.7% during the 1st quarter. BHK Investment Advisors LLC now owns 366,629 shares of the financial services provider’s stock worth $6,302,000 after buying an additional 146,733 shares during the last quarter. RFG Advisory LLC boosted its stake in shares of Barings Corporate Investors by 26.2% during the first quarter. RFG Advisory LLC now owns 154,503 shares of the financial services provider’s stock worth $2,656,000 after buying an additional 32,068 shares during the period. Atria Wealth Solutions Inc. boosted its stake in shares of Barings Corporate Investors by 7.1% during the second quarter. Atria Wealth Solutions Inc. now owns 142,507 shares of the financial services provider’s stock worth $2,653,000 after buying an additional 9,392 shares during the period. Cetera Investment Advisers boosted its stake in shares of Barings Corporate Investors by 40.3% during the second quarter. Cetera Investment Advisers now owns 85,579 shares of the financial services provider’s stock worth $1,593,000 after buying an additional 24,595 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of Barings Corporate Investors by 21.9% during the second 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.

Barings Corporate Investors Stock Performance

Shares of NYSE:MCI opened at $19.93 on Friday. Barings Corporate Investors has a 52 week low of $15.41 and a 52 week high of $20.48. The company has a 50-day moving average price of $18.80 and a 200 day moving average price of $18.30.

Barings Corporate Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $1.60 dividend on an annualized basis and a yield of 8.03%.

Barings Corporate Investors 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.