Wealth Alliance Increases Stock Position in Goldman Sachs BDC, Inc. (NYSE:GSBD)

Wealth Alliance lifted its stake in Goldman Sachs BDC, Inc. (NYSE:GSBD) by 64.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,345 shares of the financial services provider’s stock after acquiring an additional 8,000 shares during the quarter. Wealth Alliance’s holdings in Goldman Sachs BDC were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

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

Goldman Sachs BDC Trading Up 0.3 %

Goldman Sachs BDC stock opened at $13.22 on Friday. Goldman Sachs BDC, Inc. has a 12-month low of $11.72 and a 12-month high of $15.94. The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 18.88 and a beta of 1.06. The firm has a 50 day moving average of $12.60 and a 200 day moving average of $13.24. 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 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.