First PREMIER Bank Lowers Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

First PREMIER Bank lowered its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZDFree Report) by 17.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,356 shares of the company’s stock after selling 7,085 shares during the quarter. First PREMIER Bank owned 0.05% of VanEck BDC Income ETF worth $555,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of VanEck BDC Income ETF by 130.2% in the second quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after buying an additional 133,044 shares in the last quarter. Delta Investment Management LLC boosted its position in shares of VanEck BDC Income ETF by 92.8% during the 2nd quarter. Delta Investment Management LLC now owns 80,821 shares of the company’s stock worth $1,383,000 after purchasing an additional 38,903 shares in the last quarter. Millennium Management LLC boosted its position in shares of VanEck BDC Income ETF by 45.0% during the 2nd quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock worth $21,232,000 after purchasing an additional 385,244 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of VanEck BDC Income ETF by 53.5% during the 2nd quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock worth $6,522,000 after purchasing an additional 132,890 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of VanEck BDC Income ETF by 31.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after purchasing an additional 2,396 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

BIZD stock opened at $17.20 on Thursday. The company’s 50-day moving average price is $16.71 and its 200 day moving average price is $16.48. VanEck BDC Income ETF has a 52 week low of $15.18 and a 52 week high of $17.43. The company has a market cap of $1.11 billion, a P/E ratio of 18.42 and a beta of 0.58.

VanEck BDC Income ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for VanEck BDC Income ETF (NYSEARCA:BIZD)

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