Legacy Capital Wealth Partners LLC Has $1.49 Million Stake in Fidus Investment Co. (NASDAQ:FDUS)

Legacy Capital Wealth Partners LLC trimmed its stake in shares of Fidus Investment Co. (NASDAQ:FDUS) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 70,897 shares of the asset manager’s stock after selling 3,822 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in Fidus Investment were worth $1,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDUS. Columbus Macro LLC bought a new position in Fidus Investment during the fourth quarter worth $5,610,000. Van ECK Associates Corp boosted its position in Fidus Investment by 11.5% during the third quarter. Van ECK Associates Corp now owns 809,411 shares of the asset manager’s stock worth $15,808,000 after purchasing an additional 83,538 shares during the period. Hennion & Walsh Asset Management Inc. bought a new position in Fidus Investment during the third quarter worth $683,000. Riverbridge Partners LLC bought a new stake in shares of Fidus Investment in the fourth quarter valued at about $716,000. Finally, Franklin Resources Inc. boosted its position in shares of Fidus Investment by 37.0% in the third quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock valued at $2,269,000 after acquiring an additional 31,426 shares during the period. 28.14% of the stock is owned by institutional investors.

Fidus Investment Stock Performance

Shares of Fidus Investment stock opened at $23.37 on Friday. The firm has a 50-day moving average of $21.59 and a 200-day moving average of $20.50. The stock has a market cap of $792.71 million, a PE ratio of 8.35 and a beta of 1.39. Fidus Investment Co. has a 52-week low of $18.41 and a 52-week high of $23.39.

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.