BHK Investment Advisors LLC reduced its stake in shares of Barings Corporate Investors (NYSE:MCI - Free Report) by 31.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 219,896 shares of the financial services provider's stock after selling 100,855 shares during the period. Barings Corporate Investors makes up approximately 2.3% of BHK Investment Advisors LLC's investment portfolio, making the stock its 9th biggest holding. BHK Investment Advisors LLC's holdings in Barings Corporate Investors were worth $4,053,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. Creative Planning acquired a new position in Barings Corporate Investors in the 2nd quarter worth approximately $27,000. Comerica Bank purchased a new stake in shares of Barings Corporate Investors in the 3rd quarter valued at $35,000. MML Investors Services LLC acquired a new stake in shares of Barings Corporate Investors in the second quarter worth $149,000. Atria Wealth Solutions Inc. purchased a new position in shares of Barings Corporate Investors during the first quarter worth $183,000. Finally, ST Germain D J Co. Inc. acquired a new position in Barings Corporate Investors during the second quarter valued at $191,000.
Barings Corporate Investors Price Performance
NYSE:MCI traded up $0.25 during mid-day trading on Friday, hitting $17.55. The company's stock had a trading volume of 22,774 shares, compared to its average volume of 38,082. The business's fifty day moving average is $18.14 and its two-hundred day moving average is $17.40. Barings Corporate Investors has a 1 year low of $12.96 and a 1 year high of $19.24.
About Barings Corporate Investors
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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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