Wedbush Securities Inc. Sells 1,872 Shares of Barings Global Short Duratin Hgh Yld Fnd (BGH)

Wedbush Securities Inc. lessened its position in shares of Barings Global Short Duratin Hgh Yld Fnd (NYSE:BGH) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,641 shares of the company’s stock after selling 1,872 shares during the period. Wedbush Securities Inc.’s holdings in Barings Global Short Duratin Hgh Yld Fnd were worth $537,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley lifted its position in shares of Barings Global Short Duratin Hgh Yld Fnd by 4.9% during the 3rd quarter. Morgan Stanley now owns 274,137 shares of the company’s stock valued at $5,313,000 after buying an additional 12,840 shares during the last quarter. Bank of America Corp DE lifted its holdings in Barings Global Short Duratin Hgh Yld Fnd by 1.3% during the 4th quarter. Bank of America Corp DE now owns 212,106 shares of the company’s stock worth $3,383,000 after purchasing an additional 2,680 shares in the last quarter. RMB Capital Management LLC purchased a new stake in Barings Global Short Duratin Hgh Yld Fnd during the 4th quarter worth about $1,859,000. Sit Investment Associates Inc. lifted its holdings in Barings Global Short Duratin Hgh Yld Fnd by 41.9% during the 4th quarter. Sit Investment Associates Inc. now owns 68,222 shares of the company’s stock worth $1,088,000 after purchasing an additional 20,138 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in Barings Global Short Duratin Hgh Yld Fnd by 5.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,634 shares of the company’s stock worth $281,000 after purchasing an additional 832 shares in the last quarter.

Shares of BGH opened at $18.25 on Monday. Barings Global Short Duratin Hgh Yld Fnd has a 52-week low of $15.13 and a 52-week high of $19.95.

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Wednesday, May 22nd will be issued a dividend of $0.1482 per share. The ex-dividend date is Tuesday, May 21st. This represents a $1.78 dividend on an annualized basis and a yield of 9.74%.

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Barings Global Short Duratin Hgh Yld Fnd Company Profile

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.

Read More: Hedge Funds – Risk or Reward?

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

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