Raymond James Financial Inc. Takes $648,000 Position in Barings Participation Investors (NYSE:MPV)

Raymond James Financial Inc. bought a new position in shares of Barings Participation Investors (NYSE:MPV - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 37,916 shares of the financial services provider's stock, valued at approximately $648,000. Raymond James Financial Inc. owned about 0.36% of Barings Participation Investors at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Noble Wealth Management PBC acquired a new stake in Barings Participation Investors during the fourth quarter worth approximately $34,000. Trust Co. of Vermont bought a new position in shares of Barings Participation Investors during the fourth quarter worth approximately $61,000. Compass Planning Associates Inc acquired a new stake in Barings Participation Investors during the 4th quarter worth approximately $108,000. MML Investors Services LLC boosted its stake in Barings Participation Investors by 9.4% in the 3rd quarter. MML Investors Services LLC now owns 12,797 shares of the financial services provider's stock valued at $217,000 after purchasing an additional 1,097 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in Barings Participation Investors by 12.9% in the 4th quarter. Jones Financial Companies Lllp now owns 20,484 shares of the financial services provider's stock valued at $350,000 after purchasing an additional 2,348 shares during the period.

Barings Participation Investors Stock Up 1.8 %

MPV stock traded up $0.29 during trading hours on Friday, hitting $16.22. 41,592 shares of the stock were exchanged, compared to its average volume of 25,429. Barings Participation Investors has a 12 month low of $15.15 and a 12 month high of $17.99. The company has a 50-day simple moving average of $16.38 and a two-hundred day simple moving average of $16.70.

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.