Arlington Partners LLC lowered its holdings in Palmer Square Capital BDC Inc. (NYSE:PSBD - Free Report) by 19.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 300,489 shares of the company's stock after selling 72,517 shares during the quarter. Palmer Square Capital BDC makes up about 1.8% of Arlington Partners LLC's investment portfolio, making the stock its 6th largest holding. Arlington Partners LLC owned approximately 0.92% of Palmer Square Capital BDC worth $4,567,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC lifted its stake in shares of Palmer Square Capital BDC by 7.3% in the 3rd quarter. FMR LLC now owns 383,125 shares of the company's stock valued at $6,245,000 after purchasing an additional 25,951 shares during the period. Confluence Investment Management LLC raised its stake in Palmer Square Capital BDC by 22.1% during the third quarter. Confluence Investment Management LLC now owns 104,082 shares of the company's stock valued at $1,697,000 after buying an additional 18,842 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in Palmer Square Capital BDC by 73.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 83,997 shares of the company's stock valued at $1,277,000 after buying an additional 35,437 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Palmer Square Capital BDC during the second quarter valued at $173,000. Hedge funds and other institutional investors own 6.52% of the company's stock.
Palmer Square Capital BDC Trading Up 1.8 %
NYSE:PSBD traded up $0.27 during trading hours on Thursday, reaching $15.69. 15,795 shares of the company traded hands, compared to its average volume of 20,872. The business's 50-day moving average price is $15.67 and its two-hundred day moving average price is $15.98. The stock has a market capitalization of $512.28 million and a P/E ratio of 8.17. Palmer Square Capital BDC Inc. has a 1 year low of $15.12 and a 1 year high of $17.12.
Palmer Square Capital BDC Profile
(
Free Report)
Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.
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