Private Trust Co. NA Grows Holdings in VanEck BDC Income ETF $BIZD

Private Trust Co. NA raised its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 274.1% in the second quarter, Holdings Channel reports. The institutional investor owned 4,373 shares of the company’s stock after purchasing an additional 3,204 shares during the period. Private Trust Co. NA’s holdings in VanEck BDC Income ETF were worth $71,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC increased its holdings 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 buying an additional 324,618 shares in the last quarter. Mission Hills Financial Advisory LLC increased its holdings in VanEck BDC Income ETF by 15.4% in the second quarter. Mission Hills Financial Advisory LLC now owns 999,233 shares of the company’s stock valued at $16,268,000 after buying an additional 133,636 shares in the last quarter. Haven Private LLC increased its holdings in VanEck BDC Income ETF by 12.4% in the first quarter. Haven Private LLC now owns 598,790 shares of the company’s stock valued at $10,036,000 after buying an additional 66,071 shares in the last quarter. Nan Fung Trinity HK Ltd. increased its holdings 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 buying an additional 135,800 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its holdings 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 buying an additional 418,356 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

BIZD opened at $14.26 on Friday. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of 11.32 and a beta of 1.21. The company has a fifty day moving average of $15.16 and a two-hundred day moving average of $15.61. VanEck BDC Income ETF has a fifty-two week low of $13.44 and a fifty-two 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.