A look at the weighted underlying holdings of the BDC Income ETF (BIZD) shows an impressive 38.8% of holdings on a weighted basis have experienced insider buying within the past six months.
Sixth Street Specialty Lending Inc (Symbol: TSLX), which makes up 4.20% 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 $25,024,507 worth of TSLX, making it the #11 largest holding. The table below details the recent insider buying activity observed at TSLX:
TSLX — last trade: $20.05 — Recent Insider Buys:
|03/07/2022||Richard A. Higginbotham||Director||2,000||$22.82||$45,640|
|03/08/2022||Judy S. Slotkin||Director||850||$23.13||$19,660|
And Barings BDC Inc (Symbol: BBDC), the #12 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 $20,075,925 worth of BBDC, which represents approximately 3.37% of the ETF's total assets at last check. The recent insider buying activity observed at BBDC is detailed in the table below:
BBDC — last trade: $10.11 — Recent Insider Buys:
|11/29/2021||Thomas McDonnell||Vice President||5,000||$10.85||$54,249|
|05/09/2022||Stephen R. Byers||Director||16,035||$10.25||$164,352|
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