Investment Manager Rebalances, Trims Stake in Hercules Capital
Sound Income Strategies, LLC disclosed the sale of 177,473 shares of Hercules Capital (NYSE:HTGC) for an estimated $3.40 million in an SEC filing dated October 10, 2025.
According to a filing with the Securities and Exchange Commission dated October 10, 2025, Sound Income Strategies, LLC reduced its stake in Hercules Capital by 177,473 shares during the quarter ending on September 30, 2025. The estimated transaction value, based on the average closing price for the quarter, was approximately $3.40 million. Following the sale, the fund reported holding 2,752,867 shares at quarter-end.
This reduction in the Hercules Capital position now accounts for 2.6% of Sound Income Strategies, LLC's reportable U.S. equity assets.
Source Fool.com
