Corient Private Wealth LLC Takes Position in Chicago Atlantic BDC, Inc. $LIEN

Corient Private Wealth LLC acquired a new position in Chicago Atlantic BDC, Inc. (NASDAQ:LIEN) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 269,031 shares of the company’s stock, valued at approximately $2,784,000. Corient Private Wealth LLC owned 1.18% of Chicago Atlantic BDC at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Twelve Points Wealth Management LLC acquired a new position in shares of Chicago Atlantic BDC in the 2nd quarter worth approximately $272,000. Brown Advisory Inc. acquired a new stake in shares of Chicago Atlantic BDC during the second quarter worth $1,045,000. Seneca House Advisors bought a new position in Chicago Atlantic BDC during the second quarter worth $367,000. Black Maple Capital Management LP acquired a new position in Chicago Atlantic BDC in the second quarter valued at $1,901,000. Finally, Condor Capital Management bought a new stake in Chicago Atlantic BDC during the second quarter valued at $1,844,000. 4.36% of the stock is currently owned by institutional investors.

Chicago Atlantic BDC Trading Down 1.3%

Shares of Chicago Atlantic BDC stock opened at $10.48 on Tuesday. The business has a 50-day moving average price of $10.49 and a two-hundred day moving average price of $10.51. Chicago Atlantic BDC, Inc. has a 1-year low of $9.70 and a 1-year high of $12.87. The company has a market cap of $239.15 million, a P/E ratio of 13.27 and a beta of 0.26.

Chicago Atlantic BDC (NASDAQ:LIEN) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.33 earnings per share (EPS) for the quarter. Chicago Atlantic BDC had a return on equity of 5.80% and a net margin of 33.72%.The company had revenue of $3.36 million for the quarter. Equities research analysts forecast that Chicago Atlantic BDC, Inc. will post 0.76 EPS for the current fiscal year.

Chicago Atlantic BDC Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.36 annualized dividend and a dividend yield of 13.0%. Chicago Atlantic BDC’s dividend payout ratio (DPR) is 172.15%.

Chicago Atlantic BDC Company Profile

Chicago Atlantic BDC (NASDAQ:LIEN) is a closed-end management investment company organized as a business development company (BDC). It focuses on providing debt and equity financing solutions to U.S. middle-market companies that demonstrate strong growth potential. Through its public listing, the company offers investors exposure to a diversified portfolio of private credit and equity investments aimed at delivering attractive risk-adjusted returns.

The company’s investment strategy centers on structuring customized credit facilities, including senior secured loans, unitranche loans, mezzanine debt and equity co-investments.