Northwestern Mutual Wealth Management Co. boosted its stake in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) by 13.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 9,276 shares of the company’s stock after purchasing an additional 1,076 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Barings Global Short Duratin Hgh Yld Fnd were worth $168,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Wells Fargo & Company MN increased its position in Barings Global Short Duratin Hgh Yld Fnd by 15.0% in the first quarter. Wells Fargo & Company MN now owns 339,215 shares of the company’s stock worth $6,139,000 after buying an additional 44,136 shares during the period. Advisor Group Inc. increased its position in Barings Global Short Duratin Hgh Yld Fnd by 3.1% in the first quarter. Advisor Group Inc. now owns 23,399 shares of the company’s stock worth $424,000 after buying an additional 713 shares during the period. First Trust Advisors LP increased its position in Barings Global Short Duratin Hgh Yld Fnd by 6.1% in the first quarter. First Trust Advisors LP now owns 127,862 shares of the company’s stock worth $2,314,000 after buying an additional 7,366 shares during the period. Mid Atlantic Financial Management Inc. ADV increased its position in Barings Global Short Duratin Hgh Yld Fnd by 37.1% in the first quarter. Mid Atlantic Financial Management Inc. ADV now owns 30,700 shares of the company’s stock worth $556,000 after buying an additional 8,300 shares during the period. Finally, Raymond James & Associates increased its position in Barings Global Short Duratin Hgh Yld Fnd by 73.3% in the first quarter. Raymond James & Associates now owns 88,919 shares of the company’s stock worth $1,609,000 after buying an additional 37,614 shares during the period.

NYSE BGH traded up $0.08 during trading hours on Wednesday, hitting $18.13. The company had a trading volume of 600 shares, compared to its average volume of 76,600. Barings Global Short Duratin Hgh Yld Fnd has a fifty-two week low of $15.13 and a fifty-two week high of $19.95.

The business also recently announced a monthly dividend, which will be paid on Monday, September 2nd. Shareholders of record on Thursday, August 22nd will be given a $0.1482 dividend. This represents a $1.78 annualized dividend and a yield of 9.81%. The ex-dividend date of this dividend is Wednesday, August 21st.

ILLEGAL ACTIVITY NOTICE: “Northwestern Mutual Wealth Management Co. Has $168,000 Holdings in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH)” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark & copyright law. The correct version of this story can be read at https://www.thecerbatgem.com/2019/06/12/northwestern-mutual-wealth-management-co-has-168000-holdings-in-barings-global-short-duratin-hgh-yld-fnd-nysebgh.html.

Barings Global Short Duratin Hgh Yld Fnd Company Profile

Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc or below BBB- by Standard & Poor's Rating Services.

Recommended Story: What is systematic risk?

Want to see what other hedge funds are holding BGH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH).

Institutional Ownership by Quarter for Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH)

Receive News & Ratings for Barings Global Short Duratin Hgh Yld Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Global Short Duratin Hgh Yld Fnd and related companies with MarketBeat.com's FREE daily email newsletter.