VanEck BDC Income ETF (NYSEARCA:BIZD) Stock Position Lessened by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors trimmed its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 30.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 29,754 shares of the company’s stock after selling 12,956 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VanEck BDC Income ETF were worth $502,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. bought a new position in VanEck BDC Income ETF in the 4th quarter valued at about $30,000. Jones Financial Companies Lllp acquired a new stake in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $31,000. Hollencrest Capital Management acquired a new stake in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $50,000. CoreCap Advisors LLC boosted its holdings in shares of VanEck BDC Income ETF by 28.9% in the fourth quarter. CoreCap Advisors LLC now owns 3,222 shares of the company’s stock valued at $54,000 after acquiring an additional 722 shares in the last quarter. Finally, Mattson Financial Services LLC increased its stake in shares of VanEck BDC Income ETF by 46.1% during the fourth quarter. Mattson Financial Services LLC now owns 3,950 shares of the company’s stock valued at $65,000 after acquiring an additional 1,246 shares during the period.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA:BIZD opened at $16.12 on Friday. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 9.28 and a beta of 0.81. VanEck BDC Income ETF has a 12 month low of $13.50 and a 12 month high of $17.86. The stock’s 50 day moving average price is $15.66 and its 200 day moving average price is $16.40.

VanEck BDC Income ETF 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.