VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Sold by TrueMark Investments LLC

TrueMark Investments LLC decreased its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 47.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,609 shares of the company’s stock after selling 16,989 shares during the quarter. TrueMark Investments LLC’s holdings in VanEck BDC Income ETF were worth $309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth about $30,000. Jones Financial Companies Lllp purchased a new position in VanEck BDC Income ETF during the fourth quarter worth about $31,000. AlphaMark Advisors LLC increased its position 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 during the last quarter. Hollencrest Capital Management purchased a new stake in shares of VanEck BDC Income ETF in the 4th quarter valued at approximately $50,000. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $57,000.

VanEck BDC Income ETF Stock Performance

VanEck BDC Income ETF stock opened at $16.99 on Thursday. The company has a market capitalization of $1.50 billion, a PE 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 moving average price of $17.18 and a 200 day moving average price 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.