Barings Participation Investors (NYSE:MPV) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Barings Participation Investors (NYSE:MPV) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $16.90 and traded as high as $17.99. Barings Participation Investors shares last traded at $17.21, with a volume of 90,447 shares trading hands.

Barings Participation Investors Stock Performance

The company has a 50 day simple moving average of $16.90 and a 200-day simple moving average of $16.51.

Barings Participation Investors Announces Dividend

The firm also recently declared a — dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 30th will be paid a dividend of $0.10 per share. This represents a dividend yield of 8.6%. The ex-dividend date is Monday, December 30th.

Hedge Funds Weigh In On Barings Participation Investors

Institutional investors and hedge funds have recently made changes to their positions in the business. MML Investors Services LLC lifted its position in Barings Participation Investors by 9.4% in the third quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider’s stock valued at $217,000 after purchasing an additional 1,097 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Barings Participation Investors during the 2nd quarter valued at $314,000. Schwallier Wealth Management LLC grew its holdings in Barings Participation Investors by 2.2% in the 3rd quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider’s stock worth $712,000 after acquiring an additional 918 shares during the last quarter. Truist Financial Corp increased its position in shares of Barings Participation Investors by 11.3% in the second quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider’s stock valued at $1,367,000 after acquiring an additional 8,390 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Barings Participation Investors by 6.1% during the second quarter. Cetera Investment Advisers now owns 91,903 shares of the financial services provider’s stock valued at $1,518,000 after acquiring an additional 5,270 shares during the last quarter.

Barings Participation Investors Company 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.