The FT Confluence BDC & Specialty Finance Income ETF (FBDC) experienced over 1.6 million shares traded on Monday, significantly surpassing its three-month average of approximately 181,000 shares. The ETF’s share price declined by about 0.6% on the day.
Key components contributing to this high volume included Blue Owl Capital (OBDC), trading down about 0.9% with over 1.4 million shares exchanged, and Ares Capital (ARCC), down about 0.4% with over 1.1 million shares. Kayne Anderson BDC (KBDC) saw a slight increase of approximately 0.2%, while Sixth Street Specialty Lending (TSLX) fell by about 1.8%.
