Barings Participation Investors (NYSE:MPV - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $18.59 and traded as high as $19.75. Barings Participation Investors shares last traded at $19.64, with a volume of 14,673 shares changing hands.
Barings Participation Investors Price Performance
The firm has a 50-day simple moving average of $18.59 and a 200 day simple moving average of $17.30.
Barings Participation Investors Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.48 dividend on an annualized basis and a yield of 7.54%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. ST Germain D J Co. Inc. bought a new stake in shares of Barings Participation Investors in the 2nd quarter worth about $27,000. Oppenheimer & Co. Inc. bought a new position in Barings Participation Investors in the first quarter valued at about $316,000. Virtus ETF Advisers LLC boosted its holdings in Barings Participation Investors by 31.5% in the fourth quarter. Virtus ETF Advisers LLC now owns 33,899 shares of the financial services provider's stock valued at $579,000 after acquiring an additional 8,122 shares during the last quarter. LPL Financial LLC raised its position in shares of Barings Participation Investors by 166.5% during the fourth quarter. LPL Financial LLC now owns 34,355 shares of the financial services provider's stock worth $587,000 after purchasing an additional 21,463 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of Barings Participation Investors during the 4th quarter worth $648,000.
About Barings Participation Investors
(
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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.
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