VanEck BDC Income ETF $BIZD Shares Newly Acquired by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC purchased a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 604,348 shares of the company’s stock, valued at approximately $7,790,000. VanEck BDC Income ETF accounts for about 1.1% of Market Street Wealth Management Advisors LLC’s investment portfolio, making the stock its 24th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BIZD. Bank of America Corp DE boosted its holdings in VanEck BDC Income ETF by 30.8% in the 1st quarter. Bank of America Corp DE now owns 7,624,033 shares of the company’s stock worth $97,588,000 after buying an additional 1,794,136 shares during the last quarter. Cambridge Associates LLC MA ADV lifted its position in shares of VanEck BDC Income ETF by 38.7% in the first quarter. Cambridge Associates LLC MA ADV now owns 2,424,628 shares of the company’s stock valued at $31,035,000 after acquiring an additional 676,672 shares in the last quarter. Independent Financial Group LLC purchased a new position in shares of VanEck BDC Income ETF in the first quarter valued at approximately $13,576,000. Bard Associates Inc. boosted its stake in shares of VanEck BDC Income ETF by 12.1% in 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 during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of VanEck BDC Income ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 503,030 shares of the company’s stock worth $6,439,000 after acquiring an additional 9,763 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of BIZD opened at $12.17 on Friday. VanEck BDC Income ETF has a one year low of $11.90 and a one year high of $15.12. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 11.32 and a beta of 0.67. The stock has a 50 day moving average price of $13.05 and a 200 day moving average price of $12.76.

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.