Raymond James & Associates Boosts Holdings in Barings Corporate Investors (NYSE:MCI)

Raymond James & Associates boosted its position in Barings Corporate Investors (NYSE:MCI) by 4.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,782 shares of the financial services provider’s stock after buying an additional 993 shares during the period. Raymond James & Associates’ holdings in Barings Corporate Investors were worth $420,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MCI. Atria Wealth Solutions Inc. grew its position in Barings Corporate Investors by 125.0% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 69,533 shares of the financial services provider’s stock valued at $1,108,000 after buying an additional 38,632 shares during the last quarter. Graypoint LLC purchased a new position in Barings Corporate Investors in the 3rd quarter valued at $336,000. Cambridge Investment Research Advisors Inc. lifted its holdings in Barings Corporate Investors by 14.2% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 20,687 shares of the financial services provider’s stock valued at $330,000 after acquiring an additional 2,569 shares during the period. Greenwich Investment Management Inc. lifted its holdings in Barings Corporate Investors by 1.9% in the third quarter. Greenwich Investment Management Inc. now owns 84,172 shares of the financial services provider’s stock valued at $1,342,000 after acquiring an additional 1,560 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Barings Corporate Investors by 5.1% in the third quarter. HighTower Advisors LLC now owns 22,185 shares of the financial services provider’s stock valued at $355,000 after acquiring an additional 1,077 shares during the period.

Barings Corporate Investors Price Performance

Barings Corporate Investors stock opened at $17.79 on Friday. Barings Corporate Investors has a one year low of $12.96 and a one year high of $19.24. The business has a fifty day moving average of $17.97 and a two-hundred day moving average of $17.53.

Barings Corporate Investors 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.