Barings Corporate Investors $MCI Shares Bought by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. raised its position in Barings Corporate Investors (NYSE:MCI – Free Report) by 1.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 61,418 shares of the financial services provider’s stock after acquiring an additional 895 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Barings Corporate Investors were worth $1,330,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Graypoint LLC lifted its stake in Barings Corporate Investors by 2.4% in the 1st quarter. Graypoint LLC now owns 23,980 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 567 shares in the last quarter. GHP Investment Advisors Inc. purchased a new position in Barings Corporate Investors in the 1st quarter worth approximately $25,000. Ameritas Advisory Services LLC purchased a new position in Barings Corporate Investors in the 2nd quarter worth approximately $46,000. Janney Montgomery Scott LLC lifted its stake in Barings Corporate Investors by 4.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 103,609 shares of the financial services provider’s stock worth $2,244,000 after purchasing an additional 4,201 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Barings Corporate Investors by 6.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 84,874 shares of the financial services provider’s stock worth $1,989,000 after purchasing an additional 4,895 shares in the last quarter.

Barings Corporate Investors Price Performance

MCI opened at $19.98 on Friday. The company’s 50 day simple moving average is $21.00 and its two-hundred day simple moving average is $20.82. Barings Corporate Investors has a 1-year low of $18.60 and a 1-year high of $25.24.

Barings Corporate Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Monday, November 3rd.

Barings Corporate Investors Company Profile

(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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