36,000 Shares in Barings Corporate Investors $MCI Purchased by QTR Family Wealth LLC

QTR Family Wealth LLC bought a new stake in shares of Barings Corporate Investors (NYSE:MCI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 36,000 shares of the financial services provider’s stock, valued at approximately $747,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new stake in shares of Barings Corporate Investors during the second quarter worth about $46,000. Whipplewood Advisors LLC grew its holdings in shares of Barings Corporate Investors by 773.9% in the second quarter. Whipplewood Advisors LLC now owns 2,613 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 2,314 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in Barings Corporate Investors during the 2nd quarter worth approximately $332,000. ST Germain D J Co. Inc. increased its stake in Barings Corporate Investors by 57.0% during the 2nd quarter. ST Germain D J Co. Inc. now owns 18,105 shares of the financial services provider’s stock worth $392,000 after buying an additional 6,570 shares during the period. Finally, Farther Finance Advisors LLC acquired a new stake in Barings Corporate Investors during the 2nd quarter worth approximately $451,000.

Barings Corporate Investors Price Performance

Shares of MCI stock opened at $19.95 on Tuesday. The firm has a 50 day moving average of $19.97 and a two-hundred day moving average of $20.59. Barings Corporate Investors has a 52 week low of $18.00 and a 52 week high of $25.24.

Barings Corporate Investors Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Tuesday, December 30th were issued a $0.40 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $1.60 dividend on an annualized basis and a yield of 8.0%.

Barings Corporate Investors Profile

Barings Corporate Investors (NYSE: MCI) is a closed-end management investment company that seeks to provide investors with high current income and capital preservation. The fund primarily invests in a diversified portfolio of corporate debt securities and loans, focusing on investment-grade and below investment-grade credit issued by U.S. and international companies.

The fund’s investment strategy centers on identifying opportunities across the corporate credit spectrum, including senior secured loans, high-yield bonds, and other fixed-income instruments.