MeadowBrook Investment Advisors LLC Sells 475 Shares of Fidus Investment Co. (NASDAQ:FDUS)

MeadowBrook Investment Advisors LLC cut its position in Fidus Investment Co. (NASDAQ:FDUS) by 15.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,565 shares of the asset manager’s stock after selling 475 shares during the quarter. MeadowBrook Investment Advisors LLC’s holdings in Fidus Investment were worth $54,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in Fidus Investment by 14.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 81,320 shares of the asset manager’s stock valued at $1,709,000 after acquiring an additional 10,312 shares in the last quarter. Columbus Macro LLC acquired a new position in Fidus Investment in the 4th quarter valued at $5,610,000. Capital Investment Advisory Services LLC raised its holdings in Fidus Investment by 12.2% in the 4th quarter. Capital Investment Advisory Services LLC now owns 65,631 shares of the asset manager’s stock valued at $1,380,000 after acquiring an additional 7,156 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in Fidus Investment by 10.2% in the 4th quarter. Cornerstone Wealth Management LLC now owns 21,426 shares of the asset manager’s stock valued at $450,000 after acquiring an additional 1,989 shares in the last quarter. Finally, Riverbridge Partners LLC acquired a new position in Fidus Investment in the 4th quarter valued at $716,000. 28.14% of the stock is currently owned by institutional investors.

Fidus Investment Price Performance

Shares of NASDAQ FDUS opened at $22.66 on Wednesday. The stock has a market capitalization of $768.63 million, a PE ratio of 8.09 and a beta of 1.39. The business has a fifty day moving average price of $21.48 and a two-hundred day moving average price of $20.43. Fidus Investment Co. has a fifty-two week low of $18.41 and a fifty-two week high of $22.71.

Fidus Investment 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.