Schwallier Wealth Management LLC Buys 918 Shares of Barings Participation Investors (NYSE:MPV)

Schwallier Wealth Management LLC grew its position in Barings Participation Investors (NYSE:MPV) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,046 shares of the financial services provider’s stock after acquiring an additional 918 shares during the quarter. Barings Participation Investors accounts for about 0.5% of Schwallier Wealth Management LLC’s holdings, making the stock its 18th largest position. Schwallier Wealth Management LLC’s holdings in Barings Participation Investors were worth $712,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. MeadowBrook Investment Advisors LLC lifted its holdings in Barings Participation Investors by 83.7% during the second quarter. MeadowBrook Investment Advisors LLC now owns 2,140 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 975 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Barings Participation Investors during the 2nd quarter worth $314,000. Truist Financial Corp increased its stake 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 purchasing an additional 8,390 shares during the last quarter. Cetera Investment Advisers boosted its stake in Barings Participation Investors by 6.1% in the second 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. increased its position 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 purchasing an additional 5,163 shares in the last quarter.

Barings Participation Investors Stock Performance

NYSE:MPV opened at $16.70 on Tuesday. Barings Participation Investors has a 1-year low of $13.59 and a 1-year high of $17.66. The stock’s 50-day moving average is $16.88 and its 200-day moving average is $16.31.

Barings Participation Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Monday, November 4th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date was Monday, November 4th.

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.