Shares of Barings Participation Investors (NYSE:MPV - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 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.
Barings Participation Investors Stock Performance
The business has a 50 day moving average price of $18.59 and a 200-day moving average price of $17.30.
Barings Participation Investors Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.54%.
Institutional Investors Weigh In On Barings Participation Investors
Several institutional investors have recently modified their holdings of MPV. ST Germain D J Co. Inc. acquired a new position in Barings Participation Investors during the 2nd quarter valued at $27,000. Oppenheimer & Co. Inc. acquired a new position in shares of Barings Participation Investors during the first quarter worth approximately $316,000. Virtus ETF Advisers LLC lifted its holdings in Barings Participation Investors by 31.5% during the 4th quarter. Virtus ETF Advisers LLC now owns 33,899 shares of the financial services provider's stock worth $579,000 after purchasing an additional 8,122 shares in the last quarter. LPL Financial LLC grew its position in Barings Participation Investors by 166.5% during the 4th quarter. LPL Financial LLC now owns 34,355 shares of the financial services provider's stock worth $587,000 after acquiring an additional 21,463 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Barings Participation Investors during the fourth quarter valued at $648,000.
Barings Participation Investors Company Profile
(
Get Free Report)
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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