TSP Capital Management Group LLC Decreases Position in Barings Participation Investors $MPV

TSP Capital Management Group LLC lowered its stake in Barings Participation Investors (NYSE:MPV) by 2.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 285,515 shares of the financial services provider’s stock after selling 7,707 shares during the quarter. Barings Participation Investors comprises 1.8% of TSP Capital Management Group LLC’s portfolio, making the stock its 23rd largest position. TSP Capital Management Group LLC’s holdings in Barings Participation Investors were worth $5,742,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new position in Barings Participation Investors in the 2nd quarter worth approximately $25,000. ST Germain D J Co. Inc. acquired a new position in shares of Barings Participation Investors during the second quarter worth $27,000. Envestnet Asset Management Inc. acquired a new stake in Barings Participation Investors during the 2nd quarter valued at $208,000. Smith Asset Management Co. LLC acquired a new stake in Barings Participation Investors during the 1st quarter valued at $1,336,000. Finally, Cetera Investment Advisers increased its stake in Barings Participation Investors by 2.6% during the 1st quarter. Cetera Investment Advisers now owns 95,705 shares of the financial services provider’s stock worth $1,687,000 after buying an additional 2,413 shares during the period.

Barings Participation Investors Trading Up 1.3%

Shares of MPV stock opened at $20.11 on Wednesday. The company’s fifty day moving average price is $19.80 and its two-hundred day moving average price is $19.18. Barings Participation Investors has a 12 month low of $15.16 and a 12 month high of $21.00.

Barings Participation Investors Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 14th. Investors of record on Monday, November 3rd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $1.48 dividend on an annualized basis and a yield of 7.4%.

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.