Edward P. Grace III Sells 3,000 Shares of Barings Participation Investors (NYSE:MPV) Stock

Barings Participation Investors (NYSE:MPV) insider Edward P. Grace III sold 3,000 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $16.66, for a total transaction of $49,980.00. Following the completion of the transaction, the insider now directly owns 2,000 shares of the company’s stock, valued at approximately $33,320. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of MPV stock opened at $16.20 on Thursday. The firm has a 50-day moving average price of $16.58 and a 200 day moving average price of $16.36. Barings Participation Investors has a twelve month low of $14.21 and a twelve month high of $17.88.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advisor Group Inc. increased its stake in shares of Barings Participation Investors by 13.0% during the 2nd quarter. Advisor Group Inc. now owns 28,004 shares of the financial services provider’s stock valued at $457,000 after acquiring an additional 3,215 shares during the last quarter. Morgan Stanley increased its stake in shares of Barings Participation Investors by 6.0% during the 2nd quarter. Morgan Stanley now owns 88,853 shares of the financial services provider’s stock valued at $1,449,000 after acquiring an additional 5,012 shares during the last quarter. Essex Financial Services Inc. increased its stake in shares of Barings Participation Investors by 2.2% during the 2nd quarter. Essex Financial Services Inc. now owns 28,761 shares of the financial services provider’s stock valued at $469,000 after acquiring an additional 623 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Barings Participation Investors by 53.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 15,649 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 5,449 shares during the last quarter. Finally, Stonebridge Capital Advisors LLC acquired a new position in shares of Barings Participation Investors during the 2nd quarter valued at about $96,000. 15.26% of the stock is owned by institutional investors.

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.

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