Creative Planning Cuts Stake in VanEck BDC Income ETF $BIZD

Creative Planning lowered its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 5.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,706 shares of the company’s stock after selling 5,706 shares during the period. Creative Planning owned 0.11% of VanEck BDC Income ETF worth $1,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of BIZD. AE Wealth Management LLC grew its stake in VanEck BDC Income ETF by 81.9% during the first quarter. AE Wealth Management LLC now owns 3,557 shares of the company’s stock valued at $60,000 after acquiring an additional 1,602 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in shares of VanEck BDC Income ETF by 5.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 114,828 shares of the company’s stock valued at $1,925,000 after purchasing an additional 5,907 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of VanEck BDC Income ETF by 13.1% during the 1st quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock valued at $46,891,000 after purchasing an additional 324,618 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of VanEck BDC Income ETF by 9.7% during the 1st quarter. Arkadios Wealth Advisors now owns 196,657 shares of the company’s stock valued at $3,296,000 after purchasing an additional 17,467 shares during the last quarter. Finally, MGO One Seven LLC grew its position in shares of VanEck BDC Income ETF by 40.9% during the first quarter. MGO One Seven LLC now owns 144,420 shares of the company’s stock valued at $2,420,000 after purchasing an additional 41,913 shares in the last quarter.

VanEck BDC Income ETF Trading Up 1.0%

Shares of BIZD stock opened at $14.55 on Friday. VanEck BDC Income ETF has a 12-month low of $13.44 and a 12-month high of $17.86. The stock’s 50-day moving average price is $14.34 and its 200-day moving average price is $15.48. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 11.32 and a beta of 0.82.

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.