Barings Participation Investors (NYSE:MPV) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Barings Participation Investors (NYSE:MPV)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.28 and traded as low as $16.20. Barings Participation Investors shares last traded at $16.31, with a volume of 22,663 shares trading hands.

Barings Participation Investors Stock Performance

The stock’s 50-day moving average price is $16.85 and its two-hundred day moving average price is $16.28.

Barings Participation Investors Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 8.80%. The ex-dividend date is Monday, November 4th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Schwallier Wealth Management LLC lifted its stake 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 purchasing an additional 918 shares in the last quarter. MeadowBrook Investment Advisors LLC lifted its stake in 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 in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Barings Participation Investors by 2.0% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 258,199 shares of the financial services provider’s stock worth $4,265,000 after purchasing an additional 5,163 shares in the last quarter. Cetera Investment Advisers lifted its stake in Barings Participation Investors by 6.1% in the 2nd quarter. Cetera Investment Advisers now owns 91,903 shares of the financial services provider’s stock worth $1,518,000 after purchasing an additional 5,270 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in Barings Participation Investors by 11.3% in the 2nd quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider’s stock worth $1,367,000 after purchasing an additional 8,390 shares in 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.