Goldman Sachs BDC, Inc. (NYSE:GSBD) Shares Acquired by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. lifted its position in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 11.8% in the fourth quarter, Holdings Channel reports. The firm owned 114,691 shares of the financial services provider’s stock after acquiring an additional 12,081 shares during the period. Goldman Sachs BDC accounts for approximately 1.1% of Investment Partners Asset Management Inc.’s holdings, making the stock its 25th biggest position. Investment Partners Asset Management Inc.’s holdings in Goldman Sachs BDC were worth $1,388,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in Goldman Sachs BDC by 1.0% in the fourth quarter. Van ECK Associates Corp now owns 2,732,785 shares of the financial services provider’s stock valued at $33,066,000 after buying an additional 25,888 shares during the last quarter. Stiles Financial Services Inc acquired a new position in shares of Goldman Sachs BDC in the 4th quarter valued at $383,000. Stephens Inc. AR raised its position in Goldman Sachs BDC by 2.7% in the 4th quarter. Stephens Inc. AR now owns 30,166 shares of the financial services provider’s stock valued at $365,000 after purchasing an additional 785 shares during the last quarter. Entropy Technologies LP acquired a new stake in Goldman Sachs BDC during the 4th quarter worth $142,000. Finally, Sumitomo Mitsui Trust Group Inc. grew its position in Goldman Sachs BDC by 1.1% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 387,898 shares of the financial services provider’s stock worth $4,694,000 after purchasing an additional 4,313 shares during the last quarter. Hedge funds and other institutional investors own 28.72% of the company’s stock.

Goldman Sachs BDC Trading Up 0.7 %

NYSE GSBD opened at $12.83 on Thursday. The firm’s fifty day moving average is $12.58 and its two-hundred day moving average is $13.32. Goldman Sachs BDC, Inc. has a one year low of $11.72 and a one year high of $15.94. 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 cap of $1.50 billion, a PE ratio of 18.33 and a beta of 1.06.

About Goldman Sachs BDC

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.