Wealthcare Advisory Partners LLC Raises Holdings in VanEck BDC Income ETF $BIZD

Wealthcare Advisory Partners LLC boosted its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 167.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 55,559 shares of the company’s stock after acquiring an additional 34,797 shares during the period. Wealthcare Advisory Partners LLC’s holdings in VanEck BDC Income ETF were worth $904,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BIZD. LPL Financial LLC lifted its stake in VanEck BDC Income ETF by 13.1% during the first quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock worth $46,891,000 after purchasing an additional 324,618 shares during the last quarter. Mission Hills Financial Advisory LLC raised its holdings in VanEck BDC Income ETF by 7.5% during the first quarter. Mission Hills Financial Advisory LLC now owns 865,597 shares of the company’s stock worth $14,507,000 after purchasing an additional 60,500 shares in the last quarter. Haven Private LLC lifted its position in shares of VanEck BDC Income ETF by 12.4% during the 1st quarter. Haven Private LLC now owns 598,790 shares of the company’s stock worth $10,036,000 after buying an additional 66,071 shares during the last quarter. Nan Fung Trinity HK Ltd. boosted its holdings in shares of VanEck BDC Income ETF by 40.1% in the 1st quarter. Nan Fung Trinity HK Ltd. now owns 474,800 shares of the company’s stock valued at $7,958,000 after buying an additional 135,800 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of VanEck BDC Income ETF by 790.2% in the 1st quarter. Kestra Advisory Services LLC now owns 471,298 shares of the company’s stock valued at $7,899,000 after buying an additional 418,356 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $14.05 on Thursday. The stock’s 50-day moving average is $15.60 and its two-hundred day moving average is $15.79. VanEck BDC Income ETF has a 1 year low of $13.50 and a 1 year high of $17.86. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 11.32 and a beta of 1.21.

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.