UBS Group AG Maintains Stake in Oxford Lane Capital Corp (OXLC)
UBS Group AG maintained its position in Oxford Lane Capital Corp (NASDAQ:OXLC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,157 shares of the investment management company’s stock at the end of the first quarter. UBS Group AG’s holdings in Oxford Lane Capital Corp were worth $102,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of OXLC. Baird Financial Group Inc. raised its position in Oxford Lane Capital Corp by 2.2% in the first quarter. Baird Financial Group Inc. now owns 58,259 shares of the investment management company’s stock worth $648,000 after buying an additional 1,240 shares in the last quarter. Nine Chapters Capital Management LLC purchased a new position in Oxford Lane Capital Corp during the first quarter worth approximately $505,000. Exane Derivatives purchased a new position in Oxford Lane Capital Corp during the first quarter worth approximately $138,000. Finally, Creative Planning raised its position in Oxford Lane Capital Corp by 70.2% in the first quarter. Creative Planning now owns 10,431 shares of the investment management company’s stock worth $116,000 after buying an additional 4,301 shares in the last quarter.
Shares of Oxford Lane Capital Corp (NASDAQ OXLC) traded up 0.123% during midday trading on Tuesday, hitting $10.613. 24,533 shares of the company’s stock were exchanged. The company has a 50-day moving average of $10.36 and a 200-day moving average of $10.81. Oxford Lane Capital Corp has a 52 week low of $9.34 and a 52 week high of $11.80.
TRADEMARK VIOLATION NOTICE: This article was posted by Watch List News and is the property of of Watch List News. If you are reading this article on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark laws. The original version of this article can be viewed at https://www.watchlistnews.com/ubs-group-ag-maintains-stake-in-oxford-lane-capital-corp-oxlc/1491705.html.
Separately, Ladenburg Thalmann Financial Services raised shares of Oxford Lane Capital Corp from a “neutral” rating to a “buy” rating and set a $10.25 price objective for the company in a research note on Friday, June 30th.
Oxford Lane Capital Corp Company Profile
Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.
Want to see what other hedge funds are holding OXLC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Lane Capital Corp (NASDAQ:OXLC).
Receive News & Ratings for Oxford Lane Capital Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.