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

Shares of Barings Participation Investors (NYSE:MPV) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $18.03 and traded as high as $20.35. Barings Participation Investors shares last traded at $20.35, with a volume of 13,845 shares changing hands.

Barings Participation Investors Trading Up 2.1%

The firm has a 50-day moving average of $18.03 and a two-hundred day moving average of $17.11.

Barings Participation Investors Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 7.27%. The ex-dividend date was Friday, May 30th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Round Rock Advisors LLC grew its holdings in Barings Participation Investors by 159.9% in the first quarter. Round Rock Advisors LLC now owns 202,238 shares of the financial services provider’s stock valued at $3,565,000 after purchasing an additional 124,414 shares during the period. Invesco Ltd. acquired a new stake in Barings Participation Investors in the first quarter valued at approximately $2,191,000. LPL Financial LLC grew its holdings in Barings Participation Investors by 330.6% in the first quarter. LPL Financial LLC now owns 147,948 shares of the financial services provider’s stock valued at $2,608,000 after purchasing an additional 113,593 shares during the period. Smith Asset Management Co. LLC acquired a new stake in Barings Participation Investors in the first quarter valued at approximately $1,336,000. Finally, Raymond James Financial Inc. acquired a new stake in Barings Participation Investors in the fourth quarter valued at approximately $648,000.

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.