Private Advisor Group LLC Buys 21,449 Shares of Oxford Lane Capital Corp. (NASDAQ:OXLC)

Private Advisor Group LLC lifted its stake in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 16.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,754 shares of the investment management company’s stock after acquiring an additional 21,449 shares during the period. Private Advisor Group LLC owned approximately 0.06% of Oxford Lane Capital worth $806,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Calton & Associates Inc. bought a new stake in shares of Oxford Lane Capital during the third quarter worth $125,000. Foundations Investment Advisors LLC bought a new position in Oxford Lane Capital in the third quarter valued at $64,000. Precision Wealth Strategies LLC bought a new position in Oxford Lane Capital in the third quarter valued at $52,000. Border to Coast Pensions Partnership Ltd bought a new position in Oxford Lane Capital in the third quarter valued at $7,341,000. Finally, Marks Wealth LLC bought a new position in Oxford Lane Capital in the third quarter valued at $53,000. Institutional investors own 6.74% of the company’s stock.

Oxford Lane Capital Trading Up 0.2 %

Oxford Lane Capital stock opened at $5.27 on Friday. The company has a market cap of $1.69 billion, a P/E ratio of 3.76 and a beta of 1.15. Oxford Lane Capital Corp. has a 1-year low of $4.82 and a 1-year high of $5.78. The company has a fifty day simple moving average of $5.27 and a 200 day simple moving average of $5.34.

Oxford Lane Capital Announces Dividend

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

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.