Oppenheimer & Co. Inc. Acquires Shares of 17,900 Barings Participation Investors (NYSE:MPV)

Oppenheimer & Co. Inc. acquired a new stake in shares of Barings Participation Investors (NYSE:MPV - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 17,900 shares of the financial services provider's stock, valued at approximately $316,000. Oppenheimer & Co. Inc. owned about 0.17% of Barings Participation Investors as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in shares of 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 valued at $350,000 after purchasing an additional 2,348 shares in the last quarter. Virtus ETF Advisers LLC lifted its position 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 valued at $579,000 after purchasing an additional 8,122 shares during the last quarter. LPL Financial LLC grew its stake in shares of Barings Participation Investors by 166.5% in the 4th 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. Raymond James Financial Inc. purchased a new position in shares of Barings Participation Investors in the 4th quarter worth $648,000. Finally, Schwallier Wealth Management LLC increased its holdings in shares of Barings Participation Investors by 2.2% in the 4th quarter. Schwallier Wealth Management LLC now owns 42,975 shares of the financial services provider's stock worth $734,000 after buying an additional 929 shares during the last quarter.

Barings Participation Investors Stock Down 3.0%

Shares of NYSE MPV traded down $0.62 during mid-day trading on Thursday, hitting $19.72. 31,241 shares of the company's stock traded hands, compared to its average volume of 26,835. Barings Participation Investors has a 1 year low of $15.15 and a 1 year high of $20.35. The company's 50-day moving average is $18.03 and its two-hundred day moving average is $17.11.

Barings Participation Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a dividend of $0.37 per share. The ex-dividend date was Friday, May 30th. This represents a $1.48 annualized dividend and a yield of 7.51%.

Barings Participation Investors 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.