Bard Associates Inc. Has $10.63 Million Stake in VanEck BDC Income ETF $BIZD

Bard Associates Inc. increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 12.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 749,444 shares of the company’s stock after buying an additional 80,663 shares during the period. VanEck BDC Income ETF comprises 2.7% of Bard Associates Inc.’s portfolio, making the stock its 7th biggest holding. Bard Associates Inc.’s holdings in VanEck BDC Income ETF were worth $10,627,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of BIZD. Wells Fargo & Company MN grew its holdings in shares of VanEck BDC Income ETF by 126.1% during the fourth quarter. Wells Fargo & Company MN now owns 4,413,105 shares of the company’s stock worth $62,578,000 after buying an additional 2,460,983 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of VanEck BDC Income ETF by 62.6% during the second quarter. Bank of America Corp DE now owns 5,295,265 shares of the company’s stock worth $86,207,000 after buying an additional 2,038,234 shares in the last quarter. Transcend Capital Advisors LLC bought a new position in shares of VanEck BDC Income ETF during the fourth quarter worth about $15,428,000. Quadrature Capital Ltd bought a new position in shares of VanEck BDC Income ETF during the third quarter worth about $15,845,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of VanEck BDC Income ETF by 546.6% during the second quarter. Orion Porfolio Solutions LLC now owns 635,803 shares of the company’s stock worth $10,351,000 after buying an additional 537,476 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of NYSEARCA BIZD opened at $12.71 on Friday. The stock has a 50 day moving average price of $12.69 and a 200 day moving average price of $13.41. VanEck BDC Income ETF has a 52 week low of $11.97 and a 52 week high of $16.95. The stock has a market capitalization of $1.57 billion, a PE ratio of 11.32 and a beta of 0.64.

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.