Fidus Investment Co. (NASDAQ:FDUS) Shares Sold by WT Wealth Management

WT Wealth Management lessened its position in shares of Fidus Investment Co. (NASDAQ:FDUS) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,439 shares of the asset manager’s stock after selling 2,200 shares during the period. WT Wealth Management owned about 0.16% of Fidus Investment worth $1,165,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Capital Advisory Group Advisory Services LLC lifted its holdings in Fidus Investment by 22.9% during the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 77,177 shares of the asset manager’s stock worth $1,622,000 after buying an additional 14,362 shares during the last quarter. Private Advisor Group LLC bought a new position in Fidus Investment during the 4th quarter worth approximately $203,000. Plan Group Financial LLC bought a new position in Fidus Investment during the 4th quarter worth approximately $334,000. D.A. Davidson & CO. lifted its holdings in Fidus Investment by 16.7% during the 4th quarter. D.A. Davidson & CO. now owns 31,383 shares of the asset manager’s stock worth $660,000 after buying an additional 4,485 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in Fidus Investment by 2.7% during the 4th quarter. Truist Financial Corp now owns 47,820 shares of the asset manager’s stock worth $1,005,000 after buying an additional 1,261 shares during the last quarter. Institutional investors own 28.14% of the company’s stock.

Fidus Investment Stock Down 0.8 %

NASDAQ:FDUS opened at $22.75 on Thursday. The business’s 50 day moving average is $21.92 and its two-hundred day moving average is $20.71. Fidus Investment Co. has a 52 week low of $18.41 and a 52 week high of $23.55. The company has a market cap of $771.57 million, a PE ratio of 8.13 and a beta of 1.39.

Fidus Investment Dividend Announcement

The business also recently declared a — dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 20th will be issued a $0.11 dividend. This represents a dividend yield of 7.4%. The ex-dividend date is Thursday, March 20th. Fidus Investment’s dividend payout ratio (DPR) is 61.43%.

Fidus Investment Company 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.