Stephens Inc. AR raised its position in shares of Barings BDC, Inc. (NYSE:BBDC – Free Report) by 11.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,133 shares of the company’s stock after acquiring an additional 1,930 shares during the period. Stephens Inc. AR’s holdings in Barings BDC were worth $183,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new position in shares of Barings BDC during the 2nd quarter worth approximately $121,000. Creative Planning grew its position in Barings BDC by 6.6% during the third quarter. Creative Planning now owns 39,552 shares of the company’s stock worth $388,000 after buying an additional 2,432 shares in the last quarter. nVerses Capital LLC increased its stake in Barings BDC by 50.0% during the 3rd quarter. nVerses Capital LLC now owns 3,300 shares of the company’s stock worth $32,000 after acquiring an additional 1,100 shares during the period. International Assets Investment Management LLC acquired a new position in Barings BDC in the 3rd quarter valued at $1,700,000. Finally, Chicago Partners Investment Group LLC lifted its position in shares of Barings BDC by 24.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 14,808 shares of the company’s stock valued at $145,000 after acquiring an additional 2,907 shares during the period. Institutional investors and hedge funds own 44.09% of the company’s stock.
Insiders Place Their Bets
In other Barings BDC news, insider Michael James O’connor sold 29,424 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $9.70, for a total transaction of $285,412.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen R. Byers purchased 8,485 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average cost of $9.73 per share, for a total transaction of $82,559.05. Following the completion of the acquisition, the director now directly owns 50,001 shares in the company, valued at $486,509.73. The trade was a 20.44 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought 14,048 shares of company stock worth $136,772 over the last ninety days. Corporate insiders own 0.45% of the company’s stock.
Barings BDC Stock Performance
Barings BDC Company Profile
Barings BDC, Inc is a publicly traded, externally managed investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. It seeks to invest primarily in senior secured loans, first lien debt, unitranche, second lien debt, subordinated debt, equity co-investments and senior secured private debt investments in private middle-market companies that operate across a wide range of industries.
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