Barings Participation Investors (NYSE:MPV) Shares Cross Above 50-Day Moving Average - Should You Sell?

Barings Participation Investors (NYSE:MPV - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $17.73 and traded as high as $19.61. Barings Participation Investors shares last traded at $19.45, with a volume of 21,030 shares traded.

Barings Participation Investors Stock Down 0.4%

The company has a 50-day simple moving average of $17.85 and a 200 day simple moving average of $17.05.

Barings Participation Investors Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 7.54%. The ex-dividend date of this dividend was Friday, May 30th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MPV. Noble Wealth Management PBC bought a new position in Barings Participation Investors in the 4th quarter worth approximately $34,000. Oppenheimer & Co. Inc. acquired a new position in shares of Barings Participation Investors in the first quarter valued at $316,000. Jones Financial Companies Lllp lifted its position in Barings Participation Investors by 12.9% in the fourth quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider's stock worth $350,000 after purchasing an additional 2,348 shares during the period. Virtus ETF Advisers LLC boosted its stake in Barings Participation Investors by 31.5% during the fourth quarter. Virtus ETF Advisers LLC now owns 33,899 shares of the financial services provider's stock worth $579,000 after buying an additional 8,122 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in 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 buying an additional 21,463 shares in the last quarter.

Barings Participation Investors Company Profile

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.