Janney Montgomery Scott LLC Trims Stock Holdings in Fidus Investment Co. (NASDAQ:FDUS)

Janney Montgomery Scott LLC reduced its stake in Fidus Investment Co. (NASDAQ:FDUS) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,129 shares of the asset manager’s stock after selling 600 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Fidus Investment were worth $213,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Hennion & Walsh Asset Management Inc. lifted its position in shares of Fidus Investment by 27.4% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 44,422 shares of the asset manager’s stock valued at $934,000 after acquiring an additional 9,559 shares in the last quarter. Fiduciary Alliance LLC purchased a new position in Fidus Investment during the fourth quarter worth about $274,000. Franklin Resources Inc. lifted its position in Fidus Investment by 37.0% during the third quarter. Franklin Resources Inc. now owns 116,472 shares of the asset manager’s stock worth $2,269,000 after buying an additional 31,426 shares during the period. McIlrath & Eck LLC purchased a new position in Fidus Investment during the third quarter worth about $59,000. Finally, IHT Wealth Management LLC lifted its position in Fidus Investment by 5.5% during the third quarter. IHT Wealth Management LLC now owns 54,921 shares of the asset manager’s stock worth $1,076,000 after buying an additional 2,887 shares during the period. 28.14% of the stock is currently owned by hedge funds and other institutional investors.

Fidus Investment Trading Up 1.1 %

NASDAQ FDUS opened at $22.90 on Thursday. The business’s 50-day moving average price is $21.51 and its 200 day moving average price is $20.44. Fidus Investment Co. has a twelve month low of $18.41 and a twelve month high of $22.92. The company has a market capitalization of $776.77 million, a PE ratio of 8.18 and a beta of 1.39.

Fidus Investment Company 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.