Cullen Frost Bankers Inc. Purchases New Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Cullen Frost Bankers Inc. purchased a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,787 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mission Hills Financial Advisory LLC increased its stake in VanEck BDC Income ETF by 9.8% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock valued at $13,389,000 after acquiring an additional 71,942 shares during the period. Steward Partners Investment Advisory LLC increased its stake in VanEck BDC Income ETF by 4.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 418,249 shares of the company’s stock valued at $6,955,000 after acquiring an additional 17,159 shares during the period. Foundations Investment Advisors LLC increased its stake in VanEck BDC Income ETF by 26.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 340,545 shares of the company’s stock valued at $5,663,000 after acquiring an additional 71,401 shares during the period. Nan Fung Trinity HK Ltd. bought a new position in VanEck BDC Income ETF during the fourth quarter valued at about $5,638,000. Finally, Stratos Wealth Partners LTD. grew its stake in shares of VanEck BDC Income ETF by 5.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 304,934 shares of the company’s stock valued at $5,071,000 after purchasing an additional 15,949 shares during the period.

VanEck BDC Income ETF Trading Down 1.2 %

BIZD stock opened at $16.92 on Tuesday. VanEck BDC Income ETF has a 1-year low of $15.18 and a 1-year high of $17.86. The firm has a market cap of $1.50 billion, a P/E ratio of 10.16 and a beta of 1.11. The business’s 50 day moving average is $17.16 and its 200-day moving average is $16.71.

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.