Edward P. Grace III Sells 10,000 Shares of Barings Corporate Investors (NYSE:MCI) Stock

Barings Corporate Investors (NYSE:MCI) insider Edward P. Grace III sold 10,000 shares of the business’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $22.71, for a total value of $227,100.00. Following the completion of the transaction, the insider now directly owns 10,000 shares in the company, valued at approximately $227,100. This represents a 50.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Barings Corporate Investors Stock Down 0.8 %

Shares of Barings Corporate Investors stock opened at $22.25 on Thursday. The stock has a fifty day moving average price of $21.31 and a 200-day moving average price of $20.36. Barings Corporate Investors has a 1 year low of $16.91 and a 1 year high of $25.24.

Institutional Trading of Barings Corporate Investors

A number of large investors have recently added to or reduced their stakes in MCI. Jones Financial Companies Lllp grew its position in shares of Barings Corporate Investors by 112.4% during the 4th quarter. Jones Financial Companies Lllp now owns 2,765 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 1,463 shares during the period. Atria Wealth Solutions Inc. grew its holdings in Barings Corporate Investors by 3.4% during the fourth quarter. Atria Wealth Solutions Inc. now owns 60,426 shares of the financial services provider’s stock valued at $1,233,000 after purchasing an additional 1,989 shares during the period. LPL Financial LLC grew its holdings in Barings Corporate Investors by 21.7% during the fourth quarter. LPL Financial LLC now owns 13,016 shares of the financial services provider’s stock valued at $265,000 after purchasing an additional 2,320 shares during the period. Invesco Ltd. increased its position in Barings Corporate Investors by 1.8% in the fourth quarter. Invesco Ltd. now owns 169,551 shares of the financial services provider’s stock worth $3,455,000 after buying an additional 3,029 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its stake in shares of Barings Corporate Investors by 16.3% in the fourth quarter. Benjamin Edwards Inc. now owns 35,171 shares of the financial services provider’s stock valued at $717,000 after buying an additional 4,923 shares during the period.

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.