BDC Income ETF -- Insider Buying Index Registering 36.0%
ETF Channel Staff - Friday, May 13, 9:43 AMA look at the weighted underlying holdings of the BDC Income ETF (BIZD) shows an impressive 36.0% of holdings on a weighted basis have experienced insider buying within the past six months.
Golub Capital BDC Inc (GBDC), which makes up 5.07% of the BDC Income ETF (BIZD), has seen 2 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $30,787,671 worth of GBDC, making it the #4 largest holding. The table below details the recent insider buying activity observed at GBDC:
GBDC — last trade: $14.50 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
12/14/2021 |
Anita R. Rosenberg |
Director |
10,000 |
$14.84 |
$148,378 |
12/13/2021 |
John Thomas Baily |
Director |
10,000 |
$15.00 |
$149,992 |
And Oaktree Specialty Lending Corporation (OCSL), the #8 largest holding among components of the BDC Income ETF (BIZD), shows 3 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $26,741,897 worth of OCSL, which represents approximately 4.40% of the ETF's total assets at last check. The recent insider buying activity observed at OCSL is detailed in the table below:
OCSL — last trade: $6.94 — Recent Insider Buys:
Purchased |
Insider |
Title |
Shares |
Price/Share |
Value |
03/02/2022 |
Phyllis R. Caldwell |
Director |
2,700 |
$7.48 |
$20,188 |
03/04/2022 |
Ashley Pak |
Chief Compliance Officer |
2,600 |
$7.42 |
$19,288 |
05/09/2022 |
Mathew Pendo |
President |
18,381 |
$7.06 |
$129,770 |