VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 53.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 381,203 shares of the company’s stock after purchasing an additional 132,890 shares during the quarter. NewEdge Advisors LLC owned about 0.59% of VanEck BDC Income ETF worth $6,522,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. UBS Group AG boosted its holdings in VanEck BDC Income ETF by 2.4% in the 4th quarter. UBS Group AG now owns 406,576 shares of the company’s stock valued at $6,521,000 after purchasing an additional 9,485 shares in the last quarter. Stifel Financial Corp boosted its position in shares of VanEck BDC Income ETF by 2.7% during the 4th quarter. Stifel Financial Corp now owns 298,624 shares of the company’s stock worth $4,790,000 after purchasing an additional 7,796 shares in the last quarter. Creekmur Asset Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth $150,000. Park Avenue Securities LLC increased its holdings in shares of VanEck BDC Income ETF by 62.1% in the 1st quarter. Park Avenue Securities LLC now owns 34,507 shares of the company’s stock valued at $583,000 after purchasing an additional 13,217 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in shares of VanEck BDC Income ETF by 11.2% in the first quarter. International Assets Investment Management LLC now owns 90,579 shares of the company’s stock valued at $1,473,000 after purchasing an additional 9,150 shares during the period.

VanEck BDC Income ETF Trading Down 0.7 %

Shares of BIZD opened at $15.98 on Wednesday. The firm’s 50-day moving average is $16.26 and its two-hundred day moving average is $16.62. VanEck BDC Income ETF has a twelve month low of $14.60 and a twelve month high of $17.43. The firm has a market capitalization of $1.03 billion, a P/E ratio of 18.42 and a beta of 0.58.

VanEck BDC Income ETF 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.