Barings Participation Investors (NYSE:MPV - Get Free Report)'s stock price passed 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 traded.
Barings Participation Investors Price Performance
The stock has a 50-day simple moving average of $18.64 and a 200-day simple moving average of $17.32.
Barings Participation Investors Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.74%. The ex-dividend date was Friday, May 30th.
Institutional Investors Weigh In On Barings Participation Investors
Several large investors have recently added to or reduced their stakes in MPV. Benjamin Edwards Inc. lifted its stake in shares of Barings Participation Investors by 2.2% in the 4th quarter. Benjamin Edwards Inc. now owns 280,579 shares of the financial services provider's stock valued at $4,795,000 after acquiring an additional 6,004 shares during the last quarter. Barings LLC raised its position in Barings Participation Investors by 1.4% during the 1st quarter. Barings LLC now owns 275,017 shares of the financial services provider's stock valued at $4,849,000 after purchasing an additional 3,701 shares during the last quarter. Round Rock Advisors LLC raised its position in Barings Participation Investors by 159.9% during the 1st quarter. Round Rock Advisors LLC now owns 202,238 shares of the financial services provider's stock valued at $3,565,000 after purchasing an additional 124,414 shares during the last quarter. LPL Financial LLC raised its position in Barings Participation Investors by 330.6% during the 1st quarter. LPL Financial LLC now owns 147,948 shares of the financial services provider's stock valued at $2,608,000 after purchasing an additional 113,593 shares during the last quarter. Finally, Invesco Ltd. bought a new position in Barings Participation Investors during the 1st quarter valued at approximately $2,191,000.
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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