10,000 Shares in Oxford Lane Capital Corp. (NASDAQ:OXLC) Bought by First Horizon Advisors Inc.

First Horizon Advisors Inc. acquired a new stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,000 shares of the investment management company’s stock, valued at approximately $49,000.

Several other institutional investors have also added to or reduced their stakes in OXLC. Penserra Capital Management LLC increased its position in shares of Oxford Lane Capital by 13.2% during the third quarter. Penserra Capital Management LLC now owns 2,825,664 shares of the investment management company’s stock valued at $14,100,000 after buying an additional 328,744 shares during the period. Virtus ETF Advisers LLC lifted its stake in shares of Oxford Lane Capital by 100.9% in the 3rd quarter. Virtus ETF Advisers LLC now owns 221,206 shares of the investment management company’s stock valued at $1,104,000 after purchasing an additional 111,096 shares during the period. Andina Capital Management LLC bought a new stake in shares of Oxford Lane Capital during the fourth quarter valued at approximately $224,000. Samalin Investment Counsel LLC grew its stake in Oxford Lane Capital by 30.5% in the third quarter. Samalin Investment Counsel LLC now owns 104,073 shares of the investment management company’s stock worth $519,000 after purchasing an additional 24,299 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new position in Oxford Lane Capital in the third quarter worth $119,000. 6.74% of the stock is currently owned by institutional investors.

Oxford Lane Capital Trading Down 0.2 %

Shares of OXLC stock opened at $5.16 on Wednesday. The company’s fifty day moving average price is $5.08 and its 200-day moving average price is $5.04. The stock has a market cap of $807.02 million, a PE ratio of 5.11 and a beta of 1.14. Oxford Lane Capital Corp. has a 12 month low of $4.41 and a 12 month high of $5.70.

Oxford Lane Capital Profile

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.