Tag: crosses

ETRACS Linked to the Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCS) Stock Crosses Above Two Hundred Day Moving Average of $13.33

ETRACS Linked to the Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCS)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.33 and traded as high as $14.55. ETRACS Linked to the Wells Fargo Business Development Company Index ETN shares last traded at $14.50, with a volume of 3,753 shares traded.

The stock’s 50 day simple moving average is $14.24 and its 200-day simple moving average is $13.33.

An institutional investor recently raised its position in ETRACS Linked to the Wells Fargo Business Development Company Index ETN stock. Advisory Services Network LLC increased its stake in ETRACS Linked to the Wells Fargo Business Development Company Index ETN (NYSEARCA:BDCS) by 30.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 17,742 shares of the exchange traded fund’s stock after

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Axonic Strategic Income Fund (AXSIX) Crosses $500M in AUM | Region

NEW YORK–(BUSINESS WIRE)–Sep 22, 2020–

The Axonic Strategic Income Fund, launched in late 2019 to capitalize on opportunities and potential market dislocations across structured credit, has crossed $500M in assets under management (AUM). The Fund is managed by Axonic Capital, LLC ( Axonic ), a New York-based structured credit specialist with $3.6B in assets under management and 50 professionals.

Since the official beginning of the COVID-19 pandemic on March 13th, Axonic has raised over $1B in new capital across all firm strategies, including $500M in AXSIX. “We believe the current market opportunity is ideally suited to our firm’s skillset of identifying and underwriting real assets and their cash flows at a granular level,” says Axonic Founder and Chief Investment Officer, Clay DeGiacinto. He further added, “The fundamentals of structured credit assets have changed substantially and there is some real stress in the system. The market today and on a go

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deAsra crosses 100,000 small business platform users, announces the Back on Track Program

PUNE, India, Sept. 15, 2020 /PRNewswire/ — deAsra Foundation is now a family of 100,000 dePreneurs – small business users of the deAsra platform resources and services.

In the journey of reaching the 100K milestone, deAsra feels happy to share that it was able to cater to the needs of businesses from various sectors such as food, beauty, fashion, etc. From business planning to business growth, deAsra provides growth catalysing resources that accelerate entrepreneur journeys from start to end. 

With deAsra’s dedicated Platform for MSME, the team onboards 5,000 new business users every month.

“Reaching the 100K dePreneurs milestone quickly was possible due to the platform resources being online and for use by small business owners from any place, at any time. Access to more than 40 business services that are typically required in a business journey is mapped out and accessible at deasra.in,” says deAsra’s CEO Pradnya Godbole

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