StoneX Group Inc. bought a new stake in shares of Barings Corporate Investors (NYSE:MCI – Free Report) during the 4th quarter, Holdings Channel reports. The firm bought 10,020 shares of the financial services provider’s stock, valued at approximately $204,000.
Several other hedge funds have also bought and sold shares of the stock. Benjamin Edwards Inc. purchased a new position in shares of Barings Corporate Investors during the 3rd quarter valued at about $603,000. MML Investors Services LLC boosted its position in shares of Barings Corporate Investors by 119.4% in the third quarter. MML Investors Services LLC now owns 30,704 shares of the financial services provider’s stock worth $612,000 after purchasing an additional 16,712 shares during the period. World Investment Advisors LLC purchased a new stake in shares of Barings Corporate Investors in the third quarter worth $410,000. ST Germain D J Co. Inc. raised its position in shares of Barings Corporate Investors by 49.6% during the 4th quarter. ST Germain D J Co. Inc. now owns 17,925 shares of the financial services provider’s stock valued at $365,000 after purchasing an additional 5,940 shares during the period. Finally, Secure Asset Management LLC lifted its stake in shares of Barings Corporate Investors by 8.0% during 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 buying an additional 13,010 shares in the last quarter.
Insider Buying and Selling
In other Barings Corporate Investors news, insider Edward P. Grace III sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was 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 directly owns 10,000 shares in the company, valued at $227,100. This represents a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.17% of the stock is currently owned by company insiders.
Barings Corporate Investors Trading Down 0.8 %
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.
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Want to see what other hedge funds are holding MCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Barings Corporate Investors (NYSE:MCI – Free Report).
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