World Investment Advisors Buys 8,851 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

World Investment Advisors raised its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 48.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,086 shares of the company’s stock after buying an additional 8,851 shares during the quarter. World Investment Advisors’ holdings in VanEck BDC Income ETF were worth $450,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of BIZD. Cynosure Group LLC grew its holdings in VanEck BDC Income ETF by 5.2% during the fourth quarter. Cynosure Group LLC now owns 118,800 shares of the company’s stock valued at $1,976,000 after purchasing an additional 5,834 shares during the period. DKM Wealth Management Inc. bought a new position in shares of VanEck BDC Income ETF during the fourth quarter worth $373,000. Huntington National Bank grew its holdings in shares of VanEck BDC Income ETF by 27.3% in the 4th quarter. Huntington National Bank now owns 5,460 shares of the company’s stock valued at $91,000 after buying an additional 1,170 shares during the period. Maridea Wealth Management LLC bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter valued at $474,000. Finally, Brown Brothers Harriman & Co. acquired a new stake in VanEck BDC Income ETF during the 4th quarter worth $148,000.

VanEck BDC Income ETF Trading Down 4.5 %

NYSEARCA:BIZD opened at $14.22 on Tuesday. VanEck BDC Income ETF has a 1 year low of $13.85 and a 1 year high of $17.86. The stock has a 50-day moving average price of $17.01 and a two-hundred day moving average price of $16.73. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 9.80 and a beta of 0.85.

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.