Realta Investment Advisors Purchases 630,942 Shares of Oxford Lane Capital Corp. (NASDAQ:OXLC)

Realta Investment Advisors boosted its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC - Free Report) by 244.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 888,696 shares of the investment management company's stock after purchasing an additional 630,942 shares during the period. Oxford Lane Capital makes up approximately 2.2% of Realta Investment Advisors' holdings, making the stock its 7th biggest position. Realta Investment Advisors owned about 0.37% of Oxford Lane Capital worth $4,701,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in OXLC. J.W. Cole Advisors Inc. lifted its holdings in shares of Oxford Lane Capital by 66.6% during the first quarter. J.W. Cole Advisors Inc. now owns 53,223 shares of the investment management company's stock valued at $270,000 after purchasing an additional 21,272 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Oxford Lane Capital by 8.2% in the first quarter. Private Advisor Group LLC now owns 122,871 shares of the investment management company's stock worth $624,000 after buying an additional 9,299 shares during the period. Geneos Wealth Management Inc. increased its position in shares of Oxford Lane Capital by 25.1% in the first quarter. Geneos Wealth Management Inc. now owns 165,850 shares of the investment management company's stock worth $843,000 after acquiring an additional 33,250 shares in the last quarter. CFO4Life Group LLC acquired a new stake in shares of Oxford Lane Capital during the first quarter valued at approximately $196,000. Finally, Sage Capital Advisors llc lifted its position in shares of Oxford Lane Capital by 17.5% in the 2nd quarter. Sage Capital Advisors llc now owns 80,052 shares of the investment management company's stock valued at $434,000 after acquiring an additional 11,926 shares in the last quarter. 6.74% of the stock is currently owned by institutional investors.

Oxford Lane Capital Price Performance

Oxford Lane Capital stock traded up $0.01 during midday trading on Friday, reaching $5.27. The stock had a trading volume of 2,190,345 shares, compared to its average volume of 3,229,736. The firm's fifty day simple moving average is $5.27 and its two-hundred day simple moving average is $5.34. Oxford Lane Capital Corp. has a twelve month low of $4.82 and a twelve month high of $5.78. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 3.76 and a beta of 1.15.

Oxford Lane Capital Announces Dividend

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

Oxford Lane Capital Company 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.