Wealth Alliance Decreases Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Wealth Alliance lowered its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,456 shares of the company’s stock after selling 1,114 shares during the period. Wealth Alliance owned 0.07% of VanEck BDC Income ETF worth $723,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Financial Management Network Inc. increased its stake in shares of VanEck BDC Income ETF by 0.9% during the 4th quarter. Financial Management Network Inc. now owns 160,822 shares of the company’s stock worth $2,694,000 after purchasing an additional 1,413 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of VanEck BDC Income ETF by 52.5% during the 4th quarter. Global Retirement Partners LLC now owns 37,771 shares of the company’s stock worth $628,000 after purchasing an additional 13,010 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of VanEck BDC Income ETF by 0.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 86,313 shares of the company’s stock worth $1,435,000 after purchasing an additional 707 shares during the last quarter. Truist Financial Corp increased its stake in shares of VanEck BDC Income ETF by 20.8% during the 4th quarter. Truist Financial Corp now owns 23,320 shares of the company’s stock worth $388,000 after purchasing an additional 4,011 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of VanEck BDC Income ETF by 26.2% during the 4th quarter. J.W. Cole Advisors Inc. now owns 87,336 shares of the company’s stock worth $1,452,000 after purchasing an additional 18,115 shares during the last quarter.

VanEck BDC Income ETF Stock Down 0.6 %

Shares of BIZD stock opened at $17.72 on Friday. The company has a 50 day moving average of $17.01 and a 200-day moving average of $16.57. VanEck BDC Income ETF has a 12-month low of $15.18 and a 12-month high of $17.86. The firm has a market cap of $1.15 billion, a P/E ratio of 18.42 and a beta of 0.58.

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.