Next Capital Management LLC purchased a new position in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) during the fourth quarter, HoldingsChannel reports. The firm purchased 46,000 shares of the company’s stock, valued at approximately $652,000.
A number of other hedge funds also recently bought and sold shares of the company. Valtrion Capital Management LLC boosted its stake in VanEck BDC Income ETF by 34.9% in the 4th quarter. Valtrion Capital Management LLC now owns 49,273 shares of the company’s stock worth $699,000 after purchasing an additional 12,740 shares in the last quarter. Cibc World Market Inc. bought a new position in VanEck BDC Income ETF in the 4th quarter worth about $742,000. Lido Advisors LLC boosted its stake in VanEck BDC Income ETF by 154.6% in the 4th quarter. Lido Advisors LLC now owns 574,703 shares of the company’s stock worth $8,317,000 after purchasing an additional 348,981 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in VanEck BDC Income ETF by 435.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 69,267 shares of the company’s stock worth $982,000 after purchasing an additional 56,323 shares in the last quarter. Finally, Black Swift Group LLC bought a new position in VanEck BDC Income ETF in the 4th quarter worth about $2,418,000.
VanEck BDC Income ETF Price Performance
Shares of VanEck BDC Income ETF stock opened at $12.49 on Monday. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 11.32 and a beta of 0.64. The firm’s 50-day moving average is $12.67 and its 200 day moving average is $13.46. VanEck BDC Income ETF has a 1 year low of $11.97 and a 1 year high of $16.95.
VanEck BDC Income ETF Company Profile
The VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US BDC companies whose principal business is to invest in, lend capital to, or provide services to privately held companies. BIZD was launched on Feb 12, 2013 and is managed by VanEck.
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Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report).
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