Oppenheimer & Co. Inc. Sells 140,177 Shares of Barings Participation Investors (NYSE:MPV)

Oppenheimer & Co. Inc. decreased its position in Barings Participation Investors (NYSE:MPVGet Rating) by 75.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,601 shares of the financial services provider’s stock after selling 140,177 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.43% of Barings Participation Investors worth $559,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC raised its holdings in Barings Participation Investors by 0.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 140,583 shares of the financial services provider’s stock worth $1,882,000 after acquiring an additional 1,071 shares during the period. Advisor Group Holdings Inc. increased its stake in shares of Barings Participation Investors by 1.5% in the first quarter. Advisor Group Holdings Inc. now owns 87,932 shares of the financial services provider’s stock worth $1,177,000 after purchasing an additional 1,317 shares during the period. Cetera Advisor Networks LLC lifted its position in shares of Barings Participation Investors by 98.4% during the 1st quarter. Cetera Advisor Networks LLC now owns 65,033 shares of the financial services provider’s stock worth $871,000 after purchasing an additional 32,250 shares during the last quarter. Rivernorth Capital Management LLC boosted its stake in Barings Participation Investors by 15.2% during the 1st quarter. Rivernorth Capital Management LLC now owns 748,674 shares of the financial services provider’s stock valued at $10,025,000 after purchasing an additional 98,698 shares during the period. Finally, Greenwich Investment Management Inc. grew its holdings in Barings Participation Investors by 5.6% in the 1st quarter. Greenwich Investment Management Inc. now owns 365,850 shares of the financial services provider’s stock valued at $4,899,000 after buying an additional 19,464 shares during the last quarter.

Barings Participation Investors Price Performance

MPV opened at $11.85 on Thursday. Barings Participation Investors has a 1-year low of $11.12 and a 1-year high of $15.28. The business has a 50 day moving average of $11.92 and a 200-day moving average of $12.34.

Barings Participation Investors Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 18th. Stockholders of record on Monday, November 7th will be issued a dividend of $0.22 per share. This is an increase from Barings Participation Investors’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, November 4th. This represents a $0.88 annualized dividend and a dividend yield of 7.43%.

Barings Participation Investors Company Profile

(Get Rating)

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.

Recommended Stories

Institutional Ownership by Quarter for Barings Participation Investors (NYSE:MPV)

Receive News & Ratings for Barings Participation Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barings Participation Investors and related companies with MarketBeat.com's FREE daily email newsletter.