D.A. Davidson & CO. Purchases 4,485 Shares of Fidus Investment Co. (NASDAQ:FDUS)

D.A. Davidson & CO. boosted its position in Fidus Investment Co. (NASDAQ:FDUS) by 16.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,383 shares of the asset manager’s stock after acquiring an additional 4,485 shares during the period. D.A. Davidson & CO. owned 0.09% of Fidus Investment worth $660,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FDUS. Hennion & Walsh Asset Management Inc. bought a new stake in Fidus Investment in the 3rd quarter worth $683,000. Farther Finance Advisors LLC boosted its stake 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 in the last quarter. Van ECK Associates Corp boosted its stake in shares of Fidus Investment by 11.5% during the 3rd quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager’s stock valued at $15,808,000 after purchasing an additional 83,538 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Fidus Investment by 8.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 71,008 shares of the asset manager’s stock valued at $1,392,000 after purchasing an additional 5,302 shares in the last quarter. Finally, Muzinich & Co. Inc. boosted its stake in shares of Fidus Investment by 7.9% during the 3rd quarter. Muzinich & Co. Inc. now owns 72,643 shares of the asset manager’s stock valued at $1,424,000 after purchasing an additional 5,302 shares in the last quarter. Institutional investors own 28.14% of the company’s stock.

Fidus Investment Trading Down 0.3 %

Shares of FDUS opened at $23.00 on Tuesday. The firm’s 50-day moving average price is $21.81 and its 200-day moving average price is $20.67. The firm has a market capitalization of $780.05 million, a price-to-earnings ratio of 8.21 and a beta of 1.39. Fidus Investment Co. has a 1-year low of $18.41 and a 1-year high of $23.55.

Fidus Investment Dividend Announcement

The business also recently announced a — dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th will be paid 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 payout ratio is 61.43%.

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.