Shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Get Free Report) reached a new 52-week low on Friday . The stock traded as low as $13.49 and last traded at $13.49, with a volume of 1334689 shares trading hands. The stock had previously closed at $13.66.
VanEck BDC Income ETF Stock Down 1.2%
The firm’s 50 day simple moving average is $15.50 and its two-hundred day simple moving average is $15.73. The stock has a market cap of $1.44 billion, a P/E ratio of 11.32 and a beta of 1.21.
Institutional Trading of VanEck BDC Income ETF
Several institutional investors have recently added to or reduced their stakes in the business. Bleakley Financial Group LLC increased its stake in VanEck BDC Income ETF by 2.8% during the second quarter. Bleakley Financial Group LLC now owns 23,898 shares of the company’s stock valued at $389,000 after purchasing an additional 654 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of VanEck BDC Income ETF by 4.3% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 16,250 shares of the company’s stock valued at $272,000 after acquiring an additional 674 shares during the period. Beacon Financial Advisory LLC boosted its holdings in shares of VanEck BDC Income ETF by 3.9% during the first quarter. Beacon Financial Advisory LLC now owns 21,443 shares of the company’s stock valued at $359,000 after acquiring an additional 811 shares during the period. Larson Financial Group LLC boosted its holdings in shares of VanEck BDC Income ETF by 5.3% during the first quarter. Larson Financial Group LLC now owns 17,073 shares of the company’s stock valued at $286,000 after acquiring an additional 857 shares during the period. Finally, Samalin Investment Counsel LLC boosted its holdings in shares of VanEck BDC Income ETF by 0.8% during the second quarter. Samalin Investment Counsel LLC now owns 138,597 shares of the company’s stock valued at $2,256,000 after acquiring an additional 1,165 shares during the period.
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.
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