Barings Participation Investors (NYSE:MPV) Stock Passes Above 50 Day Moving Average – Should You Sell?

Barings Participation Investors (NYSE:MPV)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $16.88 and traded as high as $17.15. Barings Participation Investors shares last traded at $17.12, with a volume of 8,858 shares.

Barings Participation Investors Stock Performance

The business’s fifty day moving average price is $16.89 and its 200 day moving average price is $16.45.

Barings Participation Investors Dividend Announcement

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

Institutional Investors Weigh In On Barings Participation Investors

Institutional investors and hedge funds have recently made changes to their positions in the stock. Schwallier Wealth Management LLC boosted its holdings in Barings Participation Investors by 2.2% in the third quarter. Schwallier Wealth Management LLC now owns 42,046 shares of the financial services provider’s stock valued at $712,000 after acquiring an additional 918 shares during the last quarter. MeadowBrook Investment Advisors LLC lifted its position in shares of Barings Participation Investors by 83.7% in the 2nd quarter. MeadowBrook Investment Advisors LLC now owns 2,140 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 975 shares during the period. MML Investors Services LLC boosted its stake in shares of Barings Participation Investors by 9.4% in the 3rd 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. Benjamin F. Edwards & Company Inc. increased its position in shares of Barings Participation Investors by 2.0% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 258,199 shares of the financial services provider’s stock worth $4,265,000 after buying an additional 5,163 shares during the period. Finally, Cetera Investment Advisers raised its stake in 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 worth $1,518,000 after buying an additional 5,270 shares during the last quarter.

About Barings Participation Investors

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.