VanEck BDC Income ETF $BIZD is Mission Hills Financial Advisory LLC’s Largest Position

Mission Hills Financial Advisory LLC increased its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 8.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,212,252 shares of the company’s stock after acquiring an additional 90,088 shares during the period. VanEck BDC Income ETF comprises approximately 9.1% of Mission Hills Financial Advisory LLC’s portfolio, making the stock its largest position. Mission Hills Financial Advisory LLC’s holdings in VanEck BDC Income ETF were worth $17,190,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Touchstone Capital Inc. purchased a new position in VanEck BDC Income ETF in the 3rd quarter worth approximately $15,495,000. Bessemer Group Inc. bought a new stake in shares of VanEck BDC Income ETF in the 3rd quarter worth approximately $3,444,000. Wealth Enhancement Advisory Services LLC grew its position in shares of VanEck BDC Income ETF by 173.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 67,781 shares of the company’s stock worth $972,000 after buying an additional 42,970 shares during the last quarter. WMG Financial Advisors LLC grew its position in shares of VanEck BDC Income ETF by 192.3% in the 3rd quarter. WMG Financial Advisors LLC now owns 79,950 shares of the company’s stock worth $1,194,000 after buying an additional 52,600 shares during the last quarter. Finally, J.Safra Asset Management Corp grew its position in shares of VanEck BDC Income ETF by 99.7% in the 3rd quarter. J.Safra Asset Management Corp now owns 183,859 shares of the company’s stock worth $2,747,000 after buying an additional 91,782 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $13.15 on Friday. The firm has a market cap of $1.61 billion, a P/E ratio of 11.32 and a beta of 0.67. VanEck BDC Income ETF has a fifty-two week low of $11.97 and a fifty-two week high of $16.95. The business’s 50 day moving average price is $12.78 and its 200-day moving average price is $13.72.

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.