Van ECK Associates Corp Acquires 25,888 Shares of Goldman Sachs BDC, Inc. (NYSE:GSBD)

Van ECK Associates Corp lifted its holdings in Goldman Sachs BDC, Inc. (NYSE:GSBD - Free Report) by 1.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,732,785 shares of the financial services provider's stock after purchasing an additional 25,888 shares during the period. Van ECK Associates Corp owned about 2.33% of Goldman Sachs BDC worth $33,066,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in GSBD. International Assets Investment Management LLC boosted its holdings in shares of Goldman Sachs BDC by 2,121.3% in the third quarter. International Assets Investment Management LLC now owns 329,200 shares of the financial services provider's stock worth $45,300,000 after buying an additional 314,380 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Goldman Sachs BDC by 221.7% in the third quarter. JPMorgan Chase & Co. now owns 222,475 shares of the financial services provider's stock worth $3,061,000 after buying an additional 153,316 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Goldman Sachs BDC in the third quarter worth about $1,101,000. Adams Asset Advisors LLC boosted its holdings in shares of Goldman Sachs BDC by 41.0% in the fourth quarter. Adams Asset Advisors LLC now owns 262,334 shares of the financial services provider's stock worth $3,174,000 after buying an additional 76,257 shares during the period. Finally, Round Rock Advisors LLC acquired a new position in shares of Goldman Sachs BDC in the fourth quarter worth about $907,000. Institutional investors and hedge funds own 28.72% of the company's stock.

Goldman Sachs BDC Stock Up 1.3 %

Shares of GSBD stock traded up $0.18 during trading on Tuesday, hitting $13.15. 527,503 shares of the company were exchanged, compared to its average volume of 866,264. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.26 and a current ratio of 1.26. The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of 18.78 and a beta of 1.06. The business's 50-day simple moving average is $12.58 and its 200 day simple moving average is $13.26. Goldman Sachs BDC, Inc. has a twelve month low of $11.72 and a twelve month high of $15.94.

Goldman Sachs BDC 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.