WMG Financial Advisors LLC Has $316,000 Holdings in VanEck BDC Income ETF $BIZD

WMG Financial Advisors LLC decreased its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 74.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,725 shares of the company’s stock after selling 70,425 shares during the quarter. WMG Financial Advisors LLC’s holdings in VanEck BDC Income ETF were worth $316,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in shares of VanEck BDC Income ETF during the second quarter worth approximately $25,000. Motiv8 Investments LLC bought a new position in shares of VanEck BDC Income ETF in the fourth quarter worth $25,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of VanEck BDC Income ETF in the fourth quarter worth $26,000. Ameriflex Group Inc. acquired a new position in VanEck BDC Income ETF in the third quarter valued at about $32,000. Finally, Group One Trading LLC raised its stake in VanEck BDC Income ETF by 402.5% in the second quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock valued at $33,000 after purchasing an additional 1,610 shares in the last quarter.

VanEck BDC Income ETF Stock Up 1.8%

BIZD opened at $12.67 on Tuesday. VanEck BDC Income ETF has a twelve month low of $11.97 and a twelve month high of $16.95. The company has a 50-day simple moving average of $12.65 and a 200 day simple moving average of $13.23. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 11.32 and a beta of 0.64.

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.