Bank of America Corp DE Has $2.96 Million Stake in Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH)

Bank of America Corp DE trimmed its position in shares of Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) by 20.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,187 shares of the company’s stock after selling 43,390 shares during the quarter. Bank of America Corp DE’s holdings in Barings Global Short Duratin Hgh Yld Fnd were worth $2,956,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Advisor Group Inc. raised its position in shares of Barings Global Short Duratin Hgh Yld Fnd by 21.3% during the second quarter. Advisor Group Inc. now owns 28,374 shares of the company’s stock worth $502,000 after purchasing an additional 4,975 shares during the period. Wells Fargo & Company MN raised its position in shares of Barings Global Short Duratin Hgh Yld Fnd by 10.0% during the second quarter. Wells Fargo & Company MN now owns 373,234 shares of the company’s stock worth $6,599,000 after purchasing an additional 34,019 shares during the period. BB&T Securities LLC raised its position in shares of Barings Global Short Duratin Hgh Yld Fnd by 9.7% during the second quarter. BB&T Securities LLC now owns 48,110 shares of the company’s stock worth $850,000 after purchasing an additional 4,269 shares during the period. American Financial Network Advisory Services LLC acquired a new position in shares of Barings Global Short Duratin Hgh Yld Fnd during the second quarter worth approximately $281,000. Finally, TSP Capital Management Group LLC raised its position in shares of Barings Global Short Duratin Hgh Yld Fnd by 7.1% during the second quarter. TSP Capital Management Group LLC now owns 334,966 shares of the company’s stock worth $5,922,000 after purchasing an additional 22,300 shares during the period.

In other news, insider Mark Senkpiel sold 4,202 shares of the company’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $17.88, for a total transaction of $75,131.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of NYSE:BGH opened at $17.19 on Friday. Barings Global Short Duratin Hgh Yld Fnd has a twelve month low of $15.13 and a twelve month high of $18.90. The stock’s 50 day moving average is $17.44 and its 200-day moving average is $17.94.

The company also recently announced a — dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.1482 per share. This represents a dividend yield of 10%. The ex-dividend date of this dividend is Tuesday, November 19th.

About Barings Global Short Duratin Hgh Yld Fnd

Babson Capital Global Short Duration High Yield Fund is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund is co-managed by Babson Capital Global Advisors Limited. It invests in fixed income markets across the globe. The fund primarily invests in global high-yield bonds, loans, and other income-producing instruments that are, at the time of purchase, rated below Baa3 by Moody's Investors Service, Inc or below BBB- by Standard & Poor's Rating Services.

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Institutional Ownership by Quarter for Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH)

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