Congress Wealth Management LLC DE Takes Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Congress Wealth Management LLC DE acquired a new position in VanEck BDC Income ETF (NYSEARCA:BIZD) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 23,205 shares of the company’s stock, valued at approximately $386,000.

Several other large investors have also recently added to or reduced their stakes in BIZD. Beacon Financial Advisory LLC raised its position in shares of VanEck BDC Income ETF by 11.9% during the 4th quarter. Beacon Financial Advisory LLC now owns 20,632 shares of the company’s stock worth $343,000 after buying an additional 2,195 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of VanEck BDC Income ETF during the fourth quarter valued at approximately $301,000. Stratos Wealth Partners LTD. raised its holdings in VanEck BDC Income ETF by 5.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 304,934 shares of the company’s stock worth $5,071,000 after purchasing an additional 15,949 shares in the last quarter. HighTower Advisors LLC lifted its position in VanEck BDC Income ETF by 47.3% in the third quarter. HighTower Advisors LLC now owns 94,947 shares of the company’s stock worth $1,574,000 after purchasing an additional 30,481 shares during the period. Finally, Bleakley Financial Group LLC boosted its stake in VanEck BDC Income ETF by 2.9% during the 4th quarter. Bleakley Financial Group LLC now owns 20,941 shares of the company’s stock valued at $348,000 after purchasing an additional 587 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

BIZD opened at $16.86 on Friday. The stock’s fifty day moving average is $17.18 and its 200-day moving average is $16.75. VanEck BDC Income ETF has a one year low of $15.18 and a one year high of $17.86. The company has a market capitalization of $1.49 billion, a PE ratio of 9.76 and a beta of 1.10.

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.