Sanctuary Advisors LLC Has $279,000 Position in Barings Participation Investors (NYSE:MPV)

Sanctuary Advisors LLC cut its stake in Barings Participation Investors (NYSE:MPV) by 15.5% in the third quarter, HoldingsChannel.com reports. The fund owned 16,968 shares of the financial services provider’s stock after selling 3,110 shares during the period. Sanctuary Advisors LLC’s holdings in Barings Participation Investors were worth $279,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. MML Investors Services LLC grew its holdings in Barings Participation Investors by 9.4% during the third 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. Schwallier Wealth Management LLC boosted its position in shares of Barings Participation Investors by 2.2% during 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 in the last quarter. Truist Financial Corp grew its holdings in shares of Barings Participation Investors by 11.3% in the 2nd quarter. Truist Financial Corp now owns 82,770 shares of the financial services provider’s stock valued at $1,367,000 after buying an additional 8,390 shares during the period. Cetera Investment Advisers increased its position in shares of Barings Participation Investors by 6.1% in the 2nd quarter. Cetera Investment Advisers now owns 91,903 shares of the financial services provider’s stock valued at $1,518,000 after buying an additional 5,270 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in Barings Participation Investors by 2.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 258,199 shares of the financial services provider’s stock worth $4,265,000 after buying an additional 5,163 shares during the period.

Barings Participation Investors Price Performance

NYSE:MPV opened at $17.36 on Friday. Barings Participation Investors has a 1 year low of $14.76 and a 1 year high of $17.99. The stock has a 50-day moving average price of $16.91 and a two-hundred day moving average price of $16.57.

Barings Participation Investors Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 30th will be given a $0.10 dividend. The ex-dividend date is Monday, December 30th. This represents a dividend yield of 8.6%.

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.