Investment Partners Asset Management Inc. Grows Stock Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Investment Partners Asset Management Inc. boosted its stake in shares of Goldman Sachs BDC, Inc. (NYSE:GSBD) by 11.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,691 shares of the financial services provider’s stock after purchasing an additional 12,081 shares during the quarter. Goldman Sachs BDC makes up 1.1% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 25th biggest holding. Investment Partners Asset Management Inc. owned approximately 0.10% of Goldman Sachs BDC worth $1,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of GSBD. Farther Finance Advisors LLC grew its position in shares of Goldman Sachs BDC by 4,607.0% during the third quarter. Farther Finance Advisors LLC now owns 2,024 shares of the financial services provider’s stock worth $28,000 after buying an additional 1,981 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in Goldman Sachs BDC by 149.1% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 2,130 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 1,275 shares in the last quarter. WFA Asset Management Corp purchased a new stake in shares of Goldman Sachs BDC in the 3rd quarter valued at approximately $33,000. Chicago Partners Investment Group LLC acquired a new stake in shares of Goldman Sachs BDC in the 4th quarter valued at $128,000. Finally, Wealthcare Advisory Partners LLC acquired a new stake in shares of Goldman Sachs BDC in the 4th quarter valued at $135,000. Institutional investors and hedge funds own 28.72% of the company’s stock.

Goldman Sachs BDC Stock Performance

Shares of GSBD stock opened at $12.83 on Thursday. The company has a market cap of $1.50 billion, a P/E ratio of 18.33 and a beta of 1.06. The firm has a fifty day moving average price of $12.58 and a 200 day moving average price of $13.32. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.19. Goldman Sachs BDC, Inc. has a 12 month low of $11.72 and a 12 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.