Fidus Investment Co. (NASDAQ:FDUS) Shares Acquired by Capital Advisory Group Advisory Services LLC

Capital Advisory Group Advisory Services LLC boosted its holdings in Fidus Investment Co. (NASDAQ:FDUS) by 22.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 77,177 shares of the asset manager’s stock after acquiring an additional 14,362 shares during the period. Capital Advisory Group Advisory Services LLC owned 0.23% of Fidus Investment worth $1,622,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Hennion & Walsh Asset Management Inc. purchased a new stake in Fidus Investment during the third quarter worth approximately $683,000. Grimes & Company Inc. lifted its stake in shares of Fidus Investment by 17.3% in the 3rd quarter. Grimes & Company Inc. now owns 18,582 shares of the asset manager’s stock worth $364,000 after acquiring an additional 2,742 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Fidus Investment by 23.6% in the third quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock valued at $146,000 after buying an additional 1,426 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Fidus Investment by 11.5% during the 3rd quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager’s stock worth $15,808,000 after purchasing an additional 83,538 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in Fidus Investment by 8.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 71,008 shares of the asset manager’s stock worth $1,392,000 after buying an additional 5,302 shares during the period. 28.14% of the stock is currently owned by hedge funds and other institutional investors.

Fidus Investment Stock Down 0.4 %

NASDAQ:FDUS opened at $23.24 on Friday. Fidus Investment Co. has a 52-week low of $18.41 and a 52-week high of $23.55. The company has a market capitalization of $788.30 million, a PE ratio of 8.30 and a beta of 1.39. The stock has a fifty day simple moving average of $21.74 and a 200-day simple moving average of $20.60.

Fidus Investment Announces Dividend

The company also recently announced a — dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 20th will be paid a $0.11 dividend. The ex-dividend date is Thursday, March 20th. This represents a yield of 7.4%. Fidus Investment’s payout ratio is currently 61.43%.

Fidus Investment Profile

Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.