Aptus Capital Advisors LLC Has $679,000 Stock Holdings in Oxford Lane Capital Corp. $OXLC

Aptus Capital Advisors LLC trimmed its position in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 70.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,135 shares of the investment management company’s stock after selling 95,913 shares during the period. Aptus Capital Advisors LLC’s holdings in Oxford Lane Capital were worth $679,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC bought a new stake in Oxford Lane Capital during the 2nd quarter valued at $32,000. WPG Advisers LLC lifted its stake in shares of Oxford Lane Capital by 87.5% in the third quarter. WPG Advisers LLC now owns 2,620 shares of the investment management company’s stock valued at $44,000 after buying an additional 1,223 shares in the last quarter. Barnes Wealth Management Group Inc bought a new position in shares of Oxford Lane Capital in the second quarter valued at $51,000. National Wealth Management Group LLC acquired a new position in shares of Oxford Lane Capital during the second quarter valued at about $53,000. Finally, XTX Topco Ltd acquired a new position in shares of Oxford Lane Capital during the second quarter valued at about $69,000. Institutional investors own 6.74% of the company’s stock.

Oxford Lane Capital Price Performance

OXLC opened at $8.44 on Tuesday. Oxford Lane Capital Corp. has a fifty-two week low of $8.20 and a fifty-two week high of $25.15. The firm has a market capitalization of $764.98 million, a PE ratio of 1.25 and a beta of 0.78. The company’s 50-day moving average is $11.98 and its 200 day moving average is $14.46.

Oxford Lane Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.20 per share. This represents a c) dividend on an annualized basis and a yield of 28.4%. The ex-dividend date of this dividend is Tuesday, June 16th.

Oxford Lane Capital Company Profile

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.