J.Safra Asset Management Corp Invests $1.48 Million in VanEck BDC Income ETF $BIZD

J.Safra Asset Management Corp bought a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 91,140 shares of the company’s stock, valued at approximately $1,476,000. J.Safra Asset Management Corp owned approximately 0.10% of VanEck BDC Income ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of BIZD. Kestra Advisory Services LLC raised its stake in VanEck BDC Income ETF by 790.2% in the first quarter. Kestra Advisory Services LLC now owns 471,298 shares of the company’s stock valued at $7,899,000 after purchasing an additional 418,356 shares in the last quarter. LPL Financial LLC raised its stake in VanEck BDC Income ETF by 13.1% in the first quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock valued at $46,891,000 after purchasing an additional 324,618 shares in the last quarter. Naviter Wealth LLC raised its stake in VanEck BDC Income ETF by 464.8% in the second quarter. Naviter Wealth LLC now owns 337,401 shares of the company’s stock valued at $5,493,000 after purchasing an additional 277,663 shares in the last quarter. TrueMark Investments LLC raised its stake in VanEck BDC Income ETF by 1,108.7% in the first quarter. TrueMark Investments LLC now owns 224,919 shares of the company’s stock valued at $3,770,000 after purchasing an additional 206,310 shares in the last quarter. Finally, Nan Fung Trinity HK Ltd. raised its stake in VanEck BDC Income ETF by 40.1% in the first quarter. Nan Fung Trinity HK Ltd. now owns 474,800 shares of the company’s stock valued at $7,958,000 after purchasing an additional 135,800 shares in the last quarter.

VanEck BDC Income ETF Stock Up 3.1%

BIZD stock opened at $13.91 on Tuesday. The company has a market cap of $1.49 billion, a PE ratio of 11.32 and a beta of 1.21. The business has a 50-day simple moving average of $15.46 and a 200 day simple moving average of $15.70. VanEck BDC Income ETF has a 52 week low of $13.44 and a 52 week high of $17.86.

About VanEck BDC Income ETF

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.