Raymond James Financial Inc. Takes Position in Barings Participation Investors (NYSE:MPV)

Raymond James Financial Inc. purchased a new stake in Barings Participation Investors (NYSE:MPV - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 37,916 shares of the financial services provider's stock, valued at approximately $648,000. Raymond James Financial Inc. owned approximately 0.36% of Barings Participation Investors as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Round Rock Advisors LLC purchased a new stake in shares of Barings Participation Investors in the 4th quarter valued at $1,330,000. LPL Financial LLC boosted its holdings in shares of Barings Participation Investors by 166.5% in the 4th quarter. LPL Financial LLC now owns 34,355 shares of the financial services provider's stock valued at $587,000 after acquiring an additional 21,463 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Barings Participation Investors by 12.9% in the 4th quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider's stock valued at $350,000 after acquiring an additional 2,348 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Barings Participation Investors by 5.1% in the 4th quarter. Truist Financial Corp now owns 89,308 shares of the financial services provider's stock valued at $1,526,000 after purchasing an additional 4,374 shares during the period. Finally, Noble Wealth Management PBC acquired a new position in shares of Barings Participation Investors in the 4th quarter valued at $34,000.

Barings Participation Investors Stock Performance

Shares of MPV traded up $0.22 during trading hours on Tuesday, hitting $17.19. The stock had a trading volume of 2,887 shares, compared to its average volume of 25,281. The firm has a 50-day moving average price of $16.55 and a 200 day moving average price of $16.71. Barings Participation Investors has a fifty-two week low of $15.15 and a fifty-two week high of $17.99.

About Barings Participation Investors

Barings Participation Investors is a closed ended fixed income mutual fund launched and managed by Barings LLC. The fund invests in the fixed income markets of the United States. It primarily invests in below-investment grade, long-term corporate debt obligations which are directly purchased from its issuers.