Cambridge Associates LLC MA ADV Has $24.79 Million Stock Holdings in VanEck BDC Income ETF $BIZD

Cambridge Associates LLC MA ADV lifted its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 279.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,747,956 shares of the company’s stock after acquiring an additional 1,286,774 shares during the quarter. VanEck BDC Income ETF makes up 0.4% of Cambridge Associates LLC MA ADV’s portfolio, making the stock its 27th biggest holding. Cambridge Associates LLC MA ADV’s holdings in VanEck BDC Income ETF were worth $24,786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of BIZD. MML Investors Services LLC grew its stake in VanEck BDC Income ETF by 15.4% in the 4th quarter. MML Investors Services LLC now owns 72,133 shares of the company’s stock valued at $1,023,000 after buying an additional 9,609 shares during the last quarter. Mariner LLC boosted its stake in VanEck BDC Income ETF by 1.4% during the fourth quarter. Mariner LLC now owns 309,085 shares of the company’s stock worth $4,383,000 after buying an additional 4,133 shares in the last quarter. Motiv8 Investments LLC bought a new position in VanEck BDC Income ETF during the fourth quarter worth about $25,000. Bard Associates Inc. raised its stake in VanEck BDC Income ETF by 12.1% during the fourth quarter. Bard Associates Inc. now owns 749,444 shares of the company’s stock worth $10,627,000 after acquiring an additional 80,663 shares in the last quarter. Finally, Cordoba Advisory Partners LLC acquired a new position in VanEck BDC Income ETF during the fourth quarter worth $1,039,000.

VanEck BDC Income ETF Trading Up 0.6%

Shares of VanEck BDC Income ETF stock opened at $12.62 on Wednesday. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of 11.32 and a beta of 0.64. The firm’s 50-day moving average price is $12.69 and its two-hundred day moving average price is $13.38. VanEck BDC Income ETF has a 1-year low of $11.97 and a 1-year high of $16.95.

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.