Steward Partners Investment Advisory LLC Boosts Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Steward Partners Investment Advisory LLC boosted its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 418,249 shares of the company’s stock after purchasing an additional 17,159 shares during the period. Steward Partners Investment Advisory LLC’s holdings in VanEck BDC Income ETF were worth $6,955,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BIZD. Jones Financial Companies Lllp bought a new stake in VanEck BDC Income ETF during the fourth quarter valued at about $31,000. Bridges Investment Management Inc. raised its stake in VanEck BDC Income ETF by 6.9% during the 4th quarter. Bridges Investment Management Inc. now owns 84,017 shares of the company’s stock valued at $1,397,000 after purchasing an additional 5,430 shares during the period. Denali Advisors LLC bought a new position in VanEck BDC Income ETF in the 4th quarter worth approximately $2,612,000. Nan Fung Trinity HK Ltd. purchased a new stake in VanEck BDC Income ETF during the 4th quarter valued at approximately $5,638,000. Finally, Capital Advisory Group Advisory Services LLC bought a new stake in shares of VanEck BDC Income ETF during the fourth quarter valued at approximately $239,000.

VanEck BDC Income ETF Stock Performance

BIZD stock opened at $17.00 on Thursday. The company’s fifty day moving average price is $17.15 and its 200-day moving average price is $16.69. VanEck BDC Income ETF has a one year low of $15.18 and a one year high of $17.86. The company has a market capitalization of $1.51 billion, a PE ratio of 10.16 and a beta of 1.11.

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.