Gladstone Investment Corporation (GAIN) : Van Berkom Associates reduced its stake in Gladstone Investment Corporation by 26.92% during the most recent quarter end. The investment management company now holds a total of 1,813,282 shares of Gladstone Investment Corporation which is valued at $12,674,841 after selling 668,076 shares in Gladstone Investment Corporation , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.Gladstone Investment Corporation makes up approximately 0.57% of Van Berkom Associates’s portfolio.
Gladstone Investment Corporation (GAIN) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $7 and reached the intraday high at $7. The bulls started the profit booking and pushed the shares to intraday low of $6.96. The trading session was marked by a volume range of 1,74,190 shares exchanging hands. The 52-week high of the shares is $8.25 and the 52-week low is $6.4. The market cap of the company stands at $212 M and there are 3,02,70,958 shares in public circulation.
Other Hedge Funds, Including , Advocacy Wealth Management Services reduced its stake in GAIN by selling 1,000 shares or 27.03% in the most recent quarter. The Hedge Fund company now holds 2,700 shares of GAIN which is valued at $18,873. Gladstone Investment Corporation makes up approx 0.01% of Advocacy Wealth Management Services’s portfolio.Cue Financial Group reduced its stake in GAIN by selling 3,000 shares or 1.44% in the most recent quarter. The Hedge Fund company now holds 205,370 shares of GAIN which is valued at $1,437,590. Gladstone Investment Corporation makes up approx 1.24% of Cue Financial Group’s portfolio.
Gladstone Investment Corporation operates as a closed-end non-diversified management investment company. The Company is a publicly traded business development company that pays monthly dividends to its stockholders and invests in small and medium sized private businesses seeking to achieve returns from current income and capital gains through debt and equity investments. The Companys investment funds make debt and equity investments in United States-based small to middle-market businesses. It focuses on second lien debt mezzanine debt secured and unsecured subordinated loans and equity and real estate sale leasebacks. It invests in sectors such as: light and specialty manufacturing industrial products business and government services media and communications consumer products and services healthcare services transportation specialty chemicals and energy services. Gladstone Management Corporation serves as the Companys investment adviser.