Epiq Partners LLC Takes $505,000 Position in VanEck BDC Income ETF $BIZD

Epiq Partners LLC purchased a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 39,893 shares of the company’s stock, valued at approximately $505,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quantum Portfolio Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the 1st quarter worth $42,000. Wells Fargo & Company MN increased its holdings in shares of VanEck BDC Income ETF by 126.1% in the 4th quarter. Wells Fargo & Company MN now owns 4,413,105 shares of the company’s stock valued at $62,578,000 after purchasing an additional 2,460,983 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of VanEck BDC Income ETF by 62.6% in the 2nd quarter. Bank of America Corp DE now owns 5,295,265 shares of the company’s stock valued at $86,207,000 after purchasing an additional 2,038,234 shares in the last quarter. Cambridge Associates LLC MA ADV lifted its stake in shares of VanEck BDC Income ETF by 279.0% in the fourth quarter. Cambridge Associates LLC MA ADV now owns 1,747,956 shares of the company’s stock valued at $24,786,000 after purchasing an additional 1,286,774 shares during the period. Finally, Transcend Capital Advisors LLC acquired a new stake in shares of VanEck BDC Income ETF in the fourth quarter valued at about $15,428,000.

VanEck BDC Income ETF Trading Up 1.7%

BIZD stock opened at $12.96 on Wednesday. The company has a market cap of $1.64 billion, a P/E ratio of 11.32 and a beta of 0.64. VanEck BDC Income ETF has a 52 week low of $11.97 and a 52 week high of $16.15. The company’s 50-day moving average price is $12.52 and its 200 day moving average price is $12.88.

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.