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:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 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:
| Purchased | Insider | Title | Shares | Price/Share | Value |
|---|---|---|---|---|---|
| 11/29/2021 | Thomas McDonnell | Vice President | 5,000 | $10.85 | $54,249 |
| 12/01/2021 | David Mihalick | Director | 5,000 | $10.80 | $53,997 |
| 05/09/2022 | Stephen R. Byers | Director | 16,035 | $10.25 | $164,352 |
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