Fidus Investment Co. (NASDAQ:FDUS) Stock Holdings Trimmed by WT Wealth Management

WT Wealth Management lowered its holdings in shares of Fidus Investment Co. (NASDAQ:FDUS) by 3.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,439 shares of the asset manager’s stock after selling 2,200 shares during the period. WT Wealth Management’s holdings in Fidus Investment were worth $1,165,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. D.A. Davidson & CO. raised its stake in Fidus Investment by 4.0% during the 3rd quarter. D.A. Davidson & CO. now owns 26,898 shares of the asset manager’s stock valued at $527,000 after acquiring an additional 1,031 shares in the last quarter. Truist Financial Corp increased its position in shares of Fidus Investment by 2.7% during the 4th quarter. Truist Financial Corp now owns 47,820 shares of the asset manager’s stock valued at $1,005,000 after purchasing an additional 1,261 shares during the period. Farther Finance Advisors LLC increased its position in shares of Fidus Investment by 23.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock valued at $146,000 after purchasing an additional 1,426 shares during the period. Cornerstone Wealth Management LLC increased its position in shares of Fidus Investment by 10.2% during the 4th quarter. Cornerstone Wealth Management LLC now owns 21,426 shares of the asset manager’s stock valued at $450,000 after purchasing an additional 1,989 shares during the period. Finally, IHT Wealth Management LLC increased its position in shares of Fidus Investment by 5.5% during the 3rd quarter. IHT Wealth Management LLC now owns 54,921 shares of the asset manager’s stock valued at $1,076,000 after purchasing an additional 2,887 shares during the period. Institutional investors own 28.14% of the company’s stock.

Fidus Investment Stock Performance

Shares of FDUS stock opened at $22.75 on Thursday. Fidus Investment Co. has a 1 year low of $18.41 and a 1 year high of $23.55. The stock has a market cap of $771.57 million, a PE ratio of 8.13 and a beta of 1.39. The business’s fifty day moving average is $21.92 and its 200-day moving average is $20.71.

Fidus Investment Dividend Announcement

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