Barings Participation Investors (NYSE:MPV) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers boosted its stake in shares of Barings Participation Investors (NYSE:MPV) by 6.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,903 shares of the financial services provider’s stock after acquiring an additional 5,270 shares during the quarter. Cetera Investment Advisers owned about 0.87% of Barings Participation Investors worth $1,518,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. increased 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 valued at $4,265,000 after purchasing an additional 5,163 shares in the last quarter. Truist Financial Corp increased its position in Barings Participation Investors by 11.3% during the second quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider’s stock worth $1,367,000 after buying an additional 8,390 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Barings Participation Investors by 1.9% during the first quarter. Commonwealth Equity Services LLC now owns 126,738 shares of the financial services provider’s stock worth $2,043,000 after buying an additional 2,410 shares in the last quarter. Finally, MeadowBrook Investment Advisors LLC increased its position in Barings Participation Investors by 83.7% during the second quarter. MeadowBrook Investment Advisors LLC now owns 2,140 shares of the financial services provider’s stock worth $35,000 after buying an additional 975 shares in the last quarter.

Barings Participation Investors Price Performance

Barings Participation Investors stock opened at $17.28 on Wednesday. The stock has a fifty day moving average of $16.37 and a two-hundred day moving average of $16.09. Barings Participation Investors has a fifty-two week low of $12.80 and a fifty-two week high of $17.34.

Barings Participation Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Monday, November 4th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 8.56%. The ex-dividend date is Monday, November 4th.

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.