Barings Participation Investors (NYSE:MPV) Share Price Crosses Above 50-Day Moving Average - Time to Sell?

Barings Participation Investors (NYSE:MPV - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $18.03 and traded as high as $20.35. Barings Participation Investors shares last traded at $20.35, with a volume of 13,845 shares trading hands.

Barings Participation Investors Stock Performance

The business's 50-day simple moving average is $18.13 and its 200 day simple moving average is $17.15.

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 issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $1.48 annualized dividend and a yield of 7.51%.

Hedge Funds Weigh In On Barings Participation Investors

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MPV. Round Rock Advisors LLC grew its position in Barings Participation Investors by 159.9% in the first quarter. Round Rock Advisors LLC now owns 202,238 shares of the financial services provider's stock worth $3,565,000 after buying an additional 124,414 shares during the last quarter. Invesco Ltd. bought a new stake in shares of Barings Participation Investors during the 1st quarter worth $2,191,000. LPL Financial LLC boosted its stake in shares of 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 worth $2,608,000 after acquiring an additional 113,593 shares in the last quarter. Smith Asset Management Co. LLC acquired a new position in shares of Barings Participation Investors in the 1st quarter worth $1,336,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Barings Participation Investors during the fourth quarter worth $648,000.

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.