CFO4Life Group LLC Sells 58,728 Shares of Oxford Lane Capital Corp. $OXLC

CFO4Life Group LLC trimmed its holdings in shares of Oxford Lane Capital Corp. (NASDAQ:OXLC) by 80.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,682 shares of the investment management company’s stock after selling 58,728 shares during the period. CFO4Life Group LLC’s holdings in Oxford Lane Capital were worth $249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. WPG Advisers LLC lifted its position in shares of Oxford Lane Capital by 87.5% in the 3rd quarter. WPG Advisers LLC now owns 2,620 shares of the investment management company’s stock worth $44,000 after purchasing an additional 1,223 shares during the period. EverSource Wealth Advisors LLC raised its stake in Oxford Lane Capital by 25.0% in the second quarter. EverSource Wealth Advisors LLC now owns 20,000 shares of the investment management company’s stock worth $84,000 after buying an additional 4,000 shares in the last quarter. Brookstone Capital Management raised its stake in Oxford Lane Capital by 38.9% in the second quarter. Brookstone Capital Management now owns 15,560 shares of the investment management company’s stock worth $65,000 after buying an additional 4,358 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Oxford Lane Capital by 17.9% during the first quarter. NewEdge Advisors LLC now owns 29,326 shares of the investment management company’s stock worth $138,000 after buying an additional 4,462 shares during the period. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in Oxford Lane Capital during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 6.74% of the company’s stock.

Oxford Lane Capital Trading Up 0.9%

Shares of NASDAQ:OXLC opened at $9.28 on Thursday. The company has a market capitalization of $841.11 million, a PE ratio of 1.57 and a beta of 0.73. Oxford Lane Capital Corp. has a 12-month low of $8.71 and a 12-month high of $25.60. The business’s fifty day simple moving average is $13.35 and its 200-day simple moving average is $15.24.

Oxford Lane Capital Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th will be issued a $0.20 dividend. The ex-dividend date is Tuesday, June 16th. This represents a c) dividend on an annualized basis and a yield of 25.9%.

Oxford Lane Capital Profile

Oxford Lane Capital Corp is a closed-end, externally managed investment company that seeks to generate high current income and capital appreciation. The company invests primarily in debt and equity securities of private funds managed or advised by Oxford Finance LLC, targeting U.S. middle-market companies. Its portfolio spans senior secured loans, mezzanine debt and private equity interests, providing diversification across credit instruments and industry sectors.

Established in 2009 and based in Greenwich, Connecticut, Oxford Lane Capital commenced operations in 2012.