Barings Participation Investors (NYSE:MPV) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Barings Participation Investors (NYSE:MPV)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $19.32 and traded as low as $18.63. Barings Participation Investors shares last traded at $18.95, with a volume of 24,661 shares.

Barings Participation Investors Stock Up 0.8%

The stock has a 50 day moving average price of $18.73 and a two-hundred day moving average price of $19.32.

Barings Participation Investors Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Tuesday, December 30th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Ameritas Advisory Services LLC acquired a new position in Barings Participation Investors during the 2nd quarter worth $25,000. Envestnet Asset Management Inc. bought a new stake in shares of Barings Participation Investors during the second quarter worth $208,000. Barings LLC lifted its stake in shares of Barings Participation Investors by 1.0% during the second quarter. Barings LLC now owns 277,703 shares of the financial services provider’s stock valued at $5,585,000 after acquiring an additional 2,686 shares during the period. Invesco Ltd. boosted its holdings in Barings Participation Investors by 0.9% in the second quarter. Invesco Ltd. now owns 125,390 shares of the financial services provider’s stock valued at $2,522,000 after acquiring an additional 1,092 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in Barings Participation Investors in the second quarter worth about $297,000.

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. The fund also seeks to invest in warrants, conversion rights, or other equity related instruments. It benchmarks the performance of its portfolio against Standard and Poor's Industrials Composite, Russell 2000 Index, Lehman Brothers U.S.