Fidus Investment Co. (NASDAQ:FDUS) Holdings Boosted by Van ECK Associates Corp

Van ECK Associates Corp grew its holdings in Fidus Investment Co. (NASDAQ:FDUS) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 819,011 shares of the asset manager’s stock after purchasing an additional 9,600 shares during the period. Van ECK Associates Corp’s holdings in Fidus Investment were worth $17,215,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Columbus Macro LLC acquired a new stake in shares of Fidus Investment during the fourth quarter worth approximately $5,610,000. Advisors Asset Management Inc. boosted its stake in shares of Fidus Investment by 9.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 208,166 shares of the asset manager’s stock valued at $4,080,000 after buying an additional 17,929 shares during the period. Franklin Resources Inc. grew its holdings in shares of Fidus Investment by 37.0% during the 3rd quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock valued at $2,269,000 after acquiring an additional 31,426 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Fidus Investment by 14.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 81,320 shares of the asset manager’s stock worth $1,709,000 after acquiring an additional 10,312 shares during the last quarter. Finally, Muzinich & Co. Inc. raised its holdings in shares of Fidus Investment by 7.9% during the third quarter. Muzinich & Co. Inc. now owns 72,643 shares of the asset manager’s stock worth $1,424,000 after acquiring an additional 5,302 shares in the last quarter. Institutional investors and hedge funds own 28.14% of the company’s stock.

Fidus Investment Price Performance

Shares of NASDAQ FDUS opened at $23.37 on Friday. Fidus Investment Co. has a one year low of $18.41 and a one year high of $23.39. The business’s 50-day moving average price is $21.59 and its two-hundred day moving average price is $20.50. The company has a market capitalization of $792.71 million, a P/E ratio of 8.35 and a beta of 1.39.

About Fidus Investment

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.