Barings Participation Investors $MPV Shares Sold by TSP Capital Management Group LLC

TSP Capital Management Group LLC cut its holdings in shares of Barings Participation Investors (NYSE:MPV) by 2.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 285,515 shares of the financial services provider’s stock after selling 7,707 shares during the quarter. Barings Participation Investors comprises approximately 1.8% of TSP Capital Management Group LLC’s portfolio, making the stock its 23rd biggest holding. TSP Capital Management Group LLC owned approximately 2.69% of Barings Participation Investors worth $5,742,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new position in shares of Barings Participation Investors during the 2nd quarter valued at about $25,000. ST Germain D J Co. Inc. purchased a new stake in Barings Participation Investors in the second quarter valued at approximately $27,000. Envestnet Asset Management Inc. acquired a new position in Barings Participation Investors during the second quarter worth approximately $208,000. Smith Asset Management Co. LLC acquired a new position in Barings Participation Investors during the first quarter worth approximately $1,336,000. Finally, Cetera Investment Advisers raised its stake in Barings Participation Investors by 2.6% during the first quarter. Cetera Investment Advisers now owns 95,705 shares of the financial services provider’s stock worth $1,687,000 after purchasing an additional 2,413 shares during the period.

Barings Participation Investors Price Performance

Shares of NYSE MPV opened at $20.11 on Wednesday. Barings Participation Investors has a 52-week low of $15.16 and a 52-week high of $21.00. The firm has a fifty day moving average of $19.80 and a 200-day moving average of $19.18.

Barings Participation Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Monday, November 3rd were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend was Monday, November 3rd.

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.