Invesco Ltd. Buys New Shares in Barings Participation Investors $MPV

Key Points

• Invesco Ltd. has acquired a new position in Barings Participation Investors, purchasing 124,298 shares valued at approximately $2,191,000, representing 1.17% ownership by the end of the recent reporting period.
• Barings Participation Investors announced a quarterly dividend payment of $0.37 per share, set to be distributed on September 12th, with a dividend yield of 7.3%.
• The stock has experienced a 1-year low of $15.16 and a 1-year high of $21.00, with current trading at $20.18.

Invesco Ltd. acquired a new stake in Barings Participation Investors (NYSE:MPV - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 124,298 shares of the financial services provider's stock, valued at approximately $2,191,000. Invesco Ltd. owned approximately 1.17% of Barings Participation Investors at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. purchased a new stake in Barings Participation Investors during the first quarter worth $316,000. LPL Financial LLC raised 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 buying an additional 113,593 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Barings Participation Investors during the 4th quarter worth $648,000. Round Rock Advisors LLC boosted its position in shares of Barings Participation Investors by 159.9% in the 1st 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 in the last quarter. Finally, Cetera Investment Advisers grew its stake in Barings Participation Investors by 2.6% in the 1st quarter. Cetera Investment Advisers now owns 95,705 shares of the financial services provider's stock valued at $1,687,000 after acquiring an additional 2,413 shares during the last quarter.

Barings Participation Investors Stock Performance

NYSE:MPV traded down $0.21 during mid-day trading on Wednesday, hitting $19.81. 8,649 shares of the company's stock traded hands, compared to its average volume of 28,291. The firm's 50 day simple moving average is $19.47 and its 200 day simple moving average is $17.89. Barings Participation Investors has a 1 year low of $15.16 and a 1 year high of $21.00.

Barings Participation Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, August 29th.

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.