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

Barings Corporate Investors (NYSE:MCI) insider Edward P. Grace III sold 10,000 shares of the company’s stock in a transaction on Tuesday, April 1st. The shares were 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 owns 10,000 shares of the company’s stock, valued at $227,100. The trade was a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Barings Corporate Investors Stock Performance

Barings Corporate Investors stock traded down $1.07 during mid-day trading on Tuesday, hitting $22.38. 44,513 shares of the company were exchanged, compared to its average volume of 34,622. Barings Corporate Investors has a 1-year low of $16.91 and a 1-year high of $25.24. The business has a fifty day moving average of $21.25 and a 200 day moving average of $20.32.

Institutional Investors Weigh In On Barings Corporate Investors

Institutional investors and hedge funds have recently made changes to their positions in the company. BHK Investment Advisors LLC boosted its stake in Barings Corporate Investors by 1.4% in the fourth quarter. BHK Investment Advisors LLC now owns 353,808 shares of the financial services provider’s stock valued at $7,211,000 after acquiring an additional 4,988 shares during the last quarter. Secure Asset Management LLC lifted its stake in shares of Barings Corporate Investors by 8.0% in the 4th quarter. Secure Asset Management LLC now owns 174,641 shares of the financial services provider’s stock valued at $3,559,000 after purchasing an additional 13,010 shares during the period. Invesco Ltd. boosted its position in shares of Barings Corporate Investors by 1.8% in the 4th quarter. Invesco Ltd. now owns 169,551 shares of the financial services provider’s stock worth $3,455,000 after purchasing an additional 3,029 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Barings Corporate Investors by 8.3% during the fourth quarter. Cetera Investment Advisers now owns 98,054 shares of the financial services provider’s stock worth $1,998,000 after purchasing an additional 7,524 shares during the period. Finally, Atria Wealth Solutions Inc. increased its holdings in Barings Corporate Investors by 3.4% in 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 last quarter.

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.