Cetera Investment Advisers Acquires 4,620 Shares of Barings Participation Investors (NYSE:MPV)

Cetera Investment Advisers grew its position in Barings Participation Investors (NYSE:MPV) by 5.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 93,292 shares of the financial services provider’s stock after buying an additional 4,620 shares during the quarter. Cetera Investment Advisers owned 0.88% of Barings Participation Investors worth $1,594,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of MPV. Trust Co. of Vermont acquired a new stake in shares of Barings Participation Investors during the 4th quarter worth approximately $61,000. Round Rock Advisors LLC acquired a new position in Barings Participation Investors in the 4th quarter valued at about $1,330,000. Truist Financial Corp lifted its stake in Barings Participation Investors by 5.1% in the fourth quarter. Truist Financial Corp now owns 89,308 shares of the financial services provider’s stock worth $1,526,000 after acquiring an additional 4,374 shares during the last quarter. Compass Planning Associates Inc purchased a new stake in shares of Barings Participation Investors during the 4th quarter worth approximately $108,000. Finally, Noble Wealth Management PBC acquired a new position in shares of Barings Participation Investors in the 4th quarter valued at $34,000.

Barings Participation Investors Stock Performance

Shares of NYSE MPV opened at $17.27 on Wednesday. Barings Participation Investors has a one year low of $15.15 and a one year high of $17.99. The company’s fifty day moving average is $16.77 and its two-hundred day moving average is $16.72.

Barings Participation Investors Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.48 annualized dividend and a dividend yield of 8.57%.

Barings Participation Investors 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.