Palmer Square Capital BDC Inc. (NYSE:PSBD) Shares Sold by Arlington Partners LLC

Arlington Partners LLC cut its position in Palmer Square Capital BDC Inc. (NYSE:PSBD) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 300,489 shares of the company’s stock after selling 72,517 shares during the period. Palmer Square Capital BDC accounts for approximately 1.8% of Arlington Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Arlington Partners LLC owned about 0.92% of Palmer Square Capital BDC worth $4,567,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. purchased a new position in shares of Palmer Square Capital BDC in the 3rd quarter worth approximately $792,000. FMR LLC boosted its stake in shares of Palmer Square Capital BDC by 7.3% in the 3rd quarter. FMR LLC now owns 383,125 shares of the company’s stock worth $6,245,000 after buying an additional 25,951 shares during the last quarter. Confluence Investment Management LLC boosted its stake in shares of Palmer Square Capital BDC by 22.1% in the 3rd quarter. Confluence Investment Management LLC now owns 104,082 shares of the company’s stock worth $1,697,000 after buying an additional 18,842 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in shares of Palmer Square Capital BDC in the 2nd quarter worth approximately $173,000. 6.52% of the stock is currently owned by institutional investors and hedge funds.

Palmer Square Capital BDC Trading Up 0.6 %

NYSE:PSBD opened at $15.92 on Monday. The stock has a market capitalization of $519.79 million and a PE ratio of 8.29. The firm’s 50 day moving average is $15.69 and its 200 day moving average is $15.99. Palmer Square Capital BDC Inc. has a 12 month low of $15.12 and a 12 month high of $17.12.

Palmer Square Capital BDC Profile

Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.