Barings Participation Investors $MPV Shares Sold by Curbstone Financial Management Corp

Curbstone Financial Management Corp lowered its holdings in shares of Barings Participation Investors (NYSE:MPV) by 7.6% in the second quarter, HoldingsChannel.com reports. The fund owned 48,466 shares of the financial services provider’s stock after selling 4,000 shares during the quarter. Curbstone Financial Management Corp’s holdings in Barings Participation Investors were worth $975,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. acquired a new position in Barings Participation Investors during the first quarter worth about $316,000. Smith Asset Management Co. LLC purchased a new stake in shares of Barings Participation Investors during the first quarter worth about $1,336,000. LPL Financial LLC grew its holdings in shares of Barings Participation Investors by 330.6% during the first quarter. LPL Financial LLC now owns 147,948 shares of the financial services provider’s stock worth $2,608,000 after buying an additional 113,593 shares in the last quarter. Round Rock Advisors LLC grew its holdings in shares of Barings Participation Investors by 159.9% during the first quarter. Round Rock Advisors LLC now owns 202,238 shares of the financial services provider’s stock worth $3,565,000 after buying an additional 124,414 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Barings Participation Investors by 2.6% in the first quarter. Cetera Investment Advisers now owns 95,705 shares of the financial services provider’s stock valued at $1,687,000 after purchasing an additional 2,413 shares during the period.

Barings Participation Investors Stock Performance

Barings Participation Investors stock opened at $19.69 on Friday. Barings Participation Investors has a 1 year low of $15.16 and a 1 year high of $21.00. The firm has a 50 day moving average price of $19.83 and a 200 day moving average price of $18.71.

Barings Participation Investors Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, November 3rd.

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.