Endowment Wealth Management Inc. Grows Stock Holdings in VanEck BDC Income ETF $BIZD

Endowment Wealth Management Inc. increased its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 10.9% during the second quarter, Holdings Channel reports. The institutional investor owned 25,201 shares of the company’s stock after acquiring an additional 2,467 shares during the period. Endowment Wealth Management Inc.’s holdings in VanEck BDC Income ETF were worth $410,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in VanEck BDC Income ETF by 13.1% during the first quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock worth $46,891,000 after acquiring an additional 324,618 shares during the last quarter. Mission Hills Financial Advisory LLC grew its stake in VanEck BDC Income ETF by 7.5% during the first quarter. Mission Hills Financial Advisory LLC now owns 865,597 shares of the company’s stock worth $14,507,000 after buying an additional 60,500 shares during the period. Haven Private LLC grew its holdings in VanEck BDC Income ETF by 12.4% during the 1st quarter. Haven Private LLC now owns 598,790 shares of the company’s stock valued at $10,036,000 after purchasing an additional 66,071 shares in the last quarter. Nan Fung Trinity HK Ltd. grew its holdings in VanEck BDC Income ETF by 40.1% during the 1st 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. Finally, Kestra Advisory Services LLC grew its holdings in VanEck BDC Income ETF by 790.2% during the 1st 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.

VanEck BDC Income ETF Price Performance

NYSEARCA BIZD opened at $13.49 on Monday. VanEck BDC Income ETF has a 12 month low of $13.44 and a 12 month high of $17.86. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 11.32 and a beta of 1.21. The company’s fifty day moving average price is $15.50 and its two-hundred day moving average price is $15.72.

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.