VanEck BDC Income ETF $BIZD Shares Sold by UBS Group AG

UBS Group AG cut its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 36.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 699,060 shares of the company’s stock after selling 402,999 shares during the period. UBS Group AG’s holdings in VanEck BDC Income ETF were worth $9,913,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of BIZD. Bank of America Corp DE grew its position in shares of VanEck BDC Income ETF by 62.6% during the 2nd quarter. Bank of America Corp DE now owns 5,295,265 shares of the company’s stock valued at $86,207,000 after acquiring an additional 2,038,234 shares during the period. Transcend Capital Advisors LLC acquired a new stake in shares of VanEck BDC Income ETF during the 4th quarter valued at about $15,428,000. Quadrature Capital Ltd acquired a new stake in shares of VanEck BDC Income ETF during the 3rd quarter valued at about $15,845,000. Orion Porfolio Solutions LLC grew its position in shares of VanEck BDC Income ETF by 546.6% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 635,803 shares of the company’s stock valued at $10,351,000 after acquiring an additional 537,476 shares during the period. Finally, Cambridge Associates LLC MA ADV acquired a new stake in shares of VanEck BDC Income ETF during the 3rd quarter valued at about $6,890,000.

VanEck BDC Income ETF Trading Down 0.2%

Shares of VanEck BDC Income ETF stock opened at $12.61 on Friday. The firm has a market capitalization of $1.55 billion, a PE ratio of 11.32 and a beta of 0.66. VanEck BDC Income ETF has a twelve month low of $11.97 and a twelve month high of $16.95. The firm’s 50-day moving average price is $12.74 and its 200 day moving average price is $13.64.

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.