Insider Purchases Increase at FBDC Holdings with 10.2% Stake Activity

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The FT Confluence BDC & Specialty Finance Income ETF (FBDC) reveals that 10.2% of its weighted holdings have experienced insider buying in the past six months. FS KKR Capital Corp (FSK), accounting for 4.30% of the ETF, saw two directors and officers purchase a total of $306,500 in shares over recent months, with its current value in the ETF at $1,682,352.

Additionally, Trinity Capital Inc (TRIN), representing about 1.29% of the ETF with a value of $503,401, has had three directors and officers make recent stock purchases totaling over $155,000. Notable transactions include FSK’s President Daniel Pietrzak buying 10,000 shares at $15.15 each and TRIN’s CEO Kyle Steven Brown acquiring 3,200 shares at $15.78.

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