Sax Wealth Advisors LLC cut its stake in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 33.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,031 shares of the company’s stock after selling 38,274 shares during the quarter. Sax Wealth Advisors LLC’s holdings in VanEck BDC Income ETF were worth $960,000 at the end of the most recent quarter.
Other hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new stake in shares of VanEck BDC Income ETF in the second quarter valued at about $25,000. Motiv8 Investments LLC acquired a new position in VanEck BDC Income ETF during the 4th quarter worth approximately $25,000. Cary Street Partners Investment Advisory LLC purchased a new position in VanEck BDC Income ETF in the 4th quarter worth approximately $26,000. Group One Trading LLC boosted its holdings in VanEck BDC Income ETF by 402.5% in the 2nd quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock worth $33,000 after acquiring an additional 1,610 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in VanEck BDC Income ETF in the first quarter valued at approximately $35,000.
VanEck BDC Income ETF Price Performance
BIZD opened at $13.41 on Monday. The firm has a market capitalization of $1.70 billion, a P/E ratio of 11.32 and a beta of 0.64. The firm’s 50 day moving average is $12.55 and its 200-day moving average is $12.85. VanEck BDC Income ETF has a 52-week low of $11.97 and a 52-week high of $16.15.
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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