Barings Participation Investors (NYSE:MPV) Stock Passes Above Fifty Day Moving Average – What’s Next?

Barings Participation Investors (NYSE:MPVGet Free Report)’s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $19.75 and traded as high as $20.58. Barings Participation Investors shares last traded at $20.06, with a volume of 15,364 shares.

Barings Participation Investors Trading Up 1.0%

The company has a 50 day simple moving average of $19.75 and a 200 day simple moving average of $18.66.

Barings Participation Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Monday, November 3rd will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 7.4%. The ex-dividend date is Monday, November 3rd.

Institutional Investors Weigh In On Barings Participation Investors

Large investors have recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in Barings Participation Investors during the 2nd quarter worth approximately $25,000. ST Germain D J Co. Inc. purchased a new stake in shares of Barings Participation Investors in the second quarter valued at approximately $27,000. Envestnet Asset Management Inc. purchased a new stake in shares of Barings Participation Investors in the second quarter valued at approximately $208,000. NewEdge Advisors LLC purchased a new stake in shares of Barings Participation Investors in the second quarter valued at approximately $297,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of Barings Participation Investors in the first quarter valued at approximately $316,000.

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.

Further Reading

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