IFP Advisors Inc raised its stake in shares of Barings Participation Investors (NYSE:MPV) by 19.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,883 shares of the financial services provider’s stock after buying an additional 2,586 shares during the quarter. IFP Advisors Inc owned about 0.15% of Barings Participation Investors worth $237,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MPV. Benjamin F. Edwards & Company Inc. grew its holdings in Barings Participation Investors by 14.3% during the 3rd quarter. Benjamin F. Edwards & Company Inc. now owns 60,475 shares of the financial services provider’s stock valued at $901,000 after buying an additional 7,562 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Barings Participation Investors by 22.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 71,939 shares of the financial services provider’s stock valued at $1,071,000 after buying an additional 13,166 shares during the last quarter. Hammer Asset Management LLC acquired a new stake in Barings Participation Investors during the 3rd quarter valued at $1,099,000. Finally, Wells Fargo & Company MN grew its holdings in Barings Participation Investors by 48.7% during the 3rd quarter. Wells Fargo & Company MN now owns 100,569 shares of the financial services provider’s stock valued at $1,498,000 after buying an additional 32,925 shares during the last quarter. Hedge funds and other institutional investors own 12.83% of the company’s stock.

Shares of NYSE:MPV opened at $15.26 on Tuesday. Barings Participation Investors has a one year low of $13.99 and a one year high of $16.45.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 11th. Shareholders of record on Monday, December 31st were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.08%. The ex-dividend date of this dividend was Friday, December 28th.

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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.

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

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