Stifel Financial Corp acquired a new position in Barings Corporate Investors (NYSE:MCI) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 11,889 shares of the financial services provider’s stock, valued at approximately $175,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Advisor Group Inc. boosted its stake in Barings Corporate Investors by 70.7% in the 4th quarter. Advisor Group Inc. now owns 32,148 shares of the financial services provider’s stock worth $472,000 after purchasing an additional 13,313 shares during the period. Commonwealth Equity Services LLC boosted its stake in Barings Corporate Investors by 4.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 65,462 shares of the financial services provider’s stock worth $962,000 after purchasing an additional 2,548 shares during the period. Raymond James & Associates boosted its stake in Barings Corporate Investors by 6.8% in the 4th quarter. Raymond James & Associates now owns 22,538 shares of the financial services provider’s stock worth $331,000 after purchasing an additional 1,441 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Barings Corporate Investors by 20.9% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 36,053 shares of the financial services provider’s stock worth $530,000 after purchasing an additional 6,237 shares during the period. Finally, BHK Investment Advisors LLC boosted its stake in Barings Corporate Investors by 4.1% in the 4th quarter. BHK Investment Advisors LLC now owns 259,886 shares of the financial services provider’s stock worth $3,820,000 after purchasing an additional 10,250 shares during the period. 11.82% of the stock is owned by hedge funds and other institutional investors.

Barings Corporate Investors stock opened at $15.59 on Friday. Barings Corporate Investors has a 52 week low of $14.70 and a 52 week high of $16.72.

ILLEGAL ACTIVITY NOTICE: “Stifel Financial Corp Invests $175,000 in Barings Corporate Investors (MCI) Stock” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/stifel-financial-corp-invests-175000-in-barings-corporate-investors-mci-stock/2979163.html.

About Barings Corporate Investors

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.

Further Reading: What is Call Option Volume?

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).

Institutional Ownership by Quarter for Barings Corporate Investors (NYSE:MCI)

Receive News & Ratings for Barings Corporate Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Corporate Investors and related companies with MarketBeat.com's FREE daily email newsletter.