Barings Participation Investors (NYSE:MPV) Stock Crosses Below Two Hundred Day Moving Average - Time to Sell?

Barings Participation Investors (NYSE:MPV - Get Free Report)'s share price passed 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 changing hands.

Barings Participation Investors Stock Up 1.7 %

The stock has a 50 day moving average of $16.84 and a 200-day moving average of $16.28.

Barings Participation Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, November 4th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 8.93%. The ex-dividend date is Monday, November 4th.

Institutional Investors Weigh In On Barings Participation Investors

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MeadowBrook Investment Advisors LLC increased its position in shares of 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 valued at $35,000 after buying an additional 975 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Barings Participation Investors in the second quarter worth approximately $314,000. Schwallier Wealth Management LLC increased its position in shares of Barings Participation Investors by 2.2% in the third 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 during the last quarter. Truist Financial Corp increased its position in shares of Barings Participation Investors by 11.3% in the second 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 during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Barings Participation Investors by 6.1% in the second 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 during 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.