Barings Participation Investors (NYSE:MPV) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its holdings in shares of Barings Participation Investors (NYSE:MPV) by 1.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,738 shares of the financial services provider’s stock after acquiring an additional 2,410 shares during the period. Commonwealth Equity Services LLC’s holdings in Barings Participation Investors were worth $2,043,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MPV. MeadowBrook Investment Advisors LLC purchased a new stake in Barings Participation Investors in the fourth quarter valued at approximately $26,000. SFI Advisors LLC purchased a new stake in Barings Participation Investors in the fourth quarter valued at approximately $183,000. Montag A & Associates Inc. grew its holdings in Barings Participation Investors by 8.7% in the fourth quarter. Montag A & Associates Inc. now owns 13,711 shares of the financial services provider’s stock valued at $218,000 after purchasing an additional 1,100 shares during the period. PFG Investments LLC purchased a new stake in Barings Participation Investors in the first quarter valued at approximately $289,000. Finally, Granite Bay Wealth Management LLC acquired a new position in Barings Participation Investors during the fourth quarter valued at approximately $470,000.

Barings Participation Investors Trading Up 2.3 %

MPV stock traded up $0.37 during midday trading on Friday, reaching $16.72. 15,522 shares of the company’s stock traded hands, compared to its average volume of 20,516. Barings Participation Investors has a fifty-two week low of $12.79 and a fifty-two week high of $16.80. The business has a 50-day moving average price of $15.85 and a two-hundred day moving average price of $15.65.

Barings Participation Investors Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 8.61%. This is a boost from Barings Participation Investors’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, May 31st.

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.