ST Germain D J Co. Inc. Raises Holdings in Barings Corporate Investors (NYSE:MCI)

ST Germain D J Co. Inc. grew its position in shares of Barings Corporate Investors (NYSE:MCI) by 49.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,925 shares of the financial services provider’s stock after purchasing an additional 5,940 shares during the quarter. ST Germain D J Co. Inc.’s holdings in Barings Corporate Investors were worth $365,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Sky Investment Group LLC grew its holdings in shares of Barings Corporate Investors by 3.0% during the third quarter. Sky Investment Group LLC now owns 170,489 shares of the financial services provider’s stock worth $3,398,000 after purchasing an additional 5,025 shares during the last quarter. Secure Asset Management LLC grew its holdings in shares of Barings Corporate Investors by 7.5% during the third quarter. Secure Asset Management LLC now owns 161,631 shares of the financial services provider’s stock worth $3,221,000 after purchasing an additional 11,273 shares during the last quarter. Cetera Investment Advisers grew its holdings 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 purchasing an additional 24,595 shares during the last quarter. Commerce Bank boosted its stake in shares of Barings Corporate Investors by 426.7% during 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. Finally, Future Financial Wealth Managment LLC boosted its stake in shares of Barings Corporate Investors by 1.7% during the third quarter. Future Financial Wealth Managment LLC now owns 49,619 shares of the financial services provider’s stock worth $989,000 after buying an additional 814 shares during the period.

Barings Corporate Investors Trading Up 0.1 %

Shares of MCI opened at $20.23 on Friday. Barings Corporate Investors has a fifty-two week low of $16.91 and a fifty-two week high of $20.98. The firm has a 50-day simple moving average of $19.91 and a 200-day simple moving average of $19.18.

Barings Corporate Investors Announces Dividend

The firm also recently announced a — dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 30th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a dividend 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.