Wealth Alliance Acquires 8,000 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Wealth Alliance boosted its holdings in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 64.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,345 shares of the financial services provider’s stock after purchasing an additional 8,000 shares during the quarter. Wealth Alliance’s holdings in Goldman Sachs BDC were worth $246,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its holdings in Goldman Sachs BDC by 10.4% during the 3rd quarter. Van ECK Associates Corp now owns 2,706,897 shares of the financial services provider’s stock valued at $36,408,000 after buying an additional 255,458 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Goldman Sachs BDC by 221.7% during the third quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider’s stock worth $3,061,000 after acquiring an additional 153,316 shares during the last quarter. J.W. Cole Advisors Inc. purchased a new position in Goldman Sachs BDC during the third quarter valued at $526,000. Magnus Financial Group LLC purchased a new position in Goldman Sachs BDC during the fourth quarter valued at $246,000. Finally, Versant Capital Management Inc increased its holdings in Goldman Sachs BDC by 143.4% in the 4th quarter. Versant Capital Management Inc now owns 13,331 shares of the financial services provider’s stock valued at $161,000 after acquiring an additional 7,854 shares during the last quarter. Institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Up 0.3 %

GSBD opened at $13.22 on Friday. The company has a market capitalization of $1.55 billion, a PE ratio of 18.88 and a beta of 1.06. The firm has a 50-day simple moving average of $12.60 and a two-hundred day simple moving average of $13.24. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC, Inc. has a 52 week low of $11.72 and a 52 week high of $15.94.

Goldman Sachs BDC Company Profile

Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.