BHK Investment Advisors LLC Raises Stock Position in Barings Corporate Investors (NYSE:MCI)

BHK Investment Advisors LLC boosted its position in Barings Corporate Investors (NYSE:MCI) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 353,808 shares of the financial services provider’s stock after purchasing an additional 4,988 shares during the period. Barings Corporate Investors makes up approximately 2.7% of BHK Investment Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. BHK Investment Advisors LLC owned approximately 1.74% of Barings Corporate Investors worth $7,211,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Commerce Bank raised its holdings in shares of Barings Corporate Investors by 426.7% in the third quarter. Commerce Bank now owns 72,820 shares of the financial services provider’s stock worth $1,451,000 after buying an additional 58,994 shares during the period. Benjamin Edwards Inc. bought a new position in Barings Corporate Investors in the 3rd quarter valued at $603,000. MML Investors Services LLC increased its stake in Barings Corporate Investors by 119.4% in the third quarter. MML Investors Services LLC now owns 30,704 shares of the financial services provider’s stock worth $612,000 after purchasing an additional 16,712 shares during the period. World Investment Advisors LLC bought a new stake in shares of Barings Corporate Investors during the third quarter worth $410,000. Finally, ST Germain D J Co. Inc. lifted its position in shares of Barings Corporate Investors by 49.6% during the fourth 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 during the last quarter.

Barings Corporate Investors Stock Performance

NYSE MCI opened at $21.67 on Tuesday. Barings Corporate Investors has a 12 month low of $16.91 and a 12 month high of $25.24. The company’s 50-day moving average price is $20.99 and its 200-day moving average price is $19.85.

Barings Corporate Investors Dividend Announcement

The business also recently announced a — dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 30th were paid a $0.10 dividend. The ex-dividend date was Monday, December 30th. This represents a yield of 8%.

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.