LPL Financial LLC boosted its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,473,204 shares of the company’s stock after purchasing an additional 76,195 shares during the quarter. LPL Financial LLC’s holdings in VanEck BDC Income ETF were worth $41,129,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in BIZD. Cullen Frost Bankers Inc. bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $30,000. Jones Financial Companies Lllp purchased a new stake in shares of VanEck BDC Income ETF in the fourth quarter worth $31,000. AlphaMark Advisors LLC increased its holdings in shares of VanEck BDC Income ETF by 229.5% during the fourth quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after acquiring an additional 1,515 shares in the last quarter. Hollencrest Capital Management purchased a new position in shares of VanEck BDC Income ETF in the 4th quarter worth about $50,000. Finally, Sugar Maple Asset Management LLC bought a new position in VanEck BDC Income ETF in the 4th quarter worth about $57,000.
VanEck BDC Income ETF Stock Performance
NYSEARCA:BIZD opened at $16.86 on Friday. The firm has a market cap of $1.49 billion, a P/E ratio of 9.76 and a beta of 1.10. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.86. The firm has a 50-day simple moving average of $17.18 and a two-hundred day simple moving average of $16.74.
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.
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