Oxford Lane Capital Corp. (NASDAQ:OXLC) Shares Acquired by Realta Investment Advisors

Realta Investment Advisors lifted its stake in Oxford Lane Capital Corp. (NASDAQ:OXLC) by 244.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 888,696 shares of the investment management company’s stock after buying an additional 630,942 shares during the period. Oxford Lane Capital makes up approximately 2.2% of Realta Investment Advisors’ investment portfolio, making the stock its 7th biggest position. Realta Investment Advisors’ holdings in Oxford Lane Capital were worth $4,701,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Precision Wealth Strategies LLC acquired a new stake in shares of Oxford Lane Capital during the third quarter worth $52,000. Marks Wealth LLC bought a new position in shares of Oxford Lane Capital in the 3rd quarter worth about $53,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Oxford Lane Capital in the 3rd quarter valued at about $53,000. Foundations Investment Advisors LLC bought a new stake in shares of Oxford Lane Capital during the 3rd quarter valued at about $64,000. Finally, Freestate Advisors LLC bought a new stake in Oxford Lane Capital in the third quarter worth approximately $72,000. 6.74% of the stock is owned by institutional investors.

Oxford Lane Capital Price Performance

Shares of Oxford Lane Capital stock traded up $0.01 during trading on Friday, reaching $5.27. 2,190,345 shares of the company traded hands, compared to its average volume of 3,229,736. The firm has a market capitalization of $1.69 billion, a PE ratio of 3.76 and a beta of 1.15. The company has a 50 day moving average price of $5.27 and a 200-day moving average price of $5.34. Oxford Lane Capital Corp. has a 1-year low of $4.82 and a 1-year high of $5.78.

Oxford Lane Capital Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, October 31st. Investors of record on Friday, October 18th were issued a $0.09 dividend. The ex-dividend date of this dividend was Thursday, October 17th. This represents a dividend yield of 20.73%. Oxford Lane Capital’s dividend payout ratio is presently 72.14%.

About Oxford Lane Capital

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.