Sterling Investment Advisors Ltd. Makes New $4.79 Million Investment in VanEck BDC Income ETF $BIZD

Sterling Investment Advisors Ltd. purchased a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the fourth quarter, HoldingsChannel reports. The firm purchased 337,425 shares of the company’s stock, valued at approximately $4,785,000.

A number of other institutional investors have also recently bought and sold shares of the business. Harbour Investments Inc. increased its position in VanEck BDC Income ETF by 11.7% during the fourth quarter. Harbour Investments Inc. now owns 51,350 shares of the company’s stock worth $728,000 after buying an additional 5,374 shares during the last quarter. Beck Bode LLC acquired a new position in VanEck BDC Income ETF during the fourth quarter worth approximately $142,000. Jefferies Financial Group Inc. increased its position in VanEck BDC Income ETF by 38.0% during the fourth quarter. Jefferies Financial Group Inc. now owns 63,213 shares of the company’s stock worth $896,000 after buying an additional 17,413 shares during the last quarter. Morling Financial Advisors LLC acquired a new position in VanEck BDC Income ETF during the fourth quarter worth approximately $407,000. Finally, HighTower Advisors LLC increased its position in VanEck BDC Income ETF by 17.0% during the fourth quarter. HighTower Advisors LLC now owns 128,443 shares of the company’s stock worth $1,821,000 after buying an additional 18,672 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

VanEck BDC Income ETF stock opened at $12.38 on Tuesday. VanEck BDC Income ETF has a 12 month low of $11.97 and a 12 month high of $16.95. The stock’s 50 day moving average is $12.70 and its 200-day moving average is $13.55. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 11.32 and a beta of 0.66.

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.