Cambridge Associates LLC MA ADV Acquires 676,672 Shares of VanEck BDC Income ETF $BIZD

Cambridge Associates LLC MA ADV boosted its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 38.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,424,628 shares of the company’s stock after purchasing an additional 676,672 shares during the period. VanEck BDC Income ETF comprises approximately 0.5% of Cambridge Associates LLC MA ADV’s holdings, making the stock its 23rd largest holding. Cambridge Associates LLC MA ADV owned about 1.97% of VanEck BDC Income ETF worth $31,035,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of BIZD. Russell Investments Group Ltd. bought a new stake in shares of VanEck BDC Income ETF in the 2nd quarter worth approximately $25,000. Motiv8 Investments LLC purchased a new position in shares of VanEck BDC Income ETF during the fourth quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of VanEck BDC Income ETF during the fourth quarter valued at approximately $26,000. Group One Trading LLC raised its holdings in shares of VanEck BDC Income ETF by 402.5% during the second quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock valued at $33,000 after acquiring an additional 1,610 shares in the last quarter. Finally, Sherman Asset Management Inc. purchased a new stake in VanEck BDC Income ETF in the second quarter worth $57,000.

VanEck BDC Income ETF Stock Down 1.0%

Shares of BIZD stock opened at $12.46 on Thursday. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 11.32 and a beta of 0.64. The stock has a fifty day moving average of $12.52 and a 200 day moving average of $12.99. VanEck BDC Income ETF has a 52 week low of $11.97 and a 52 week high of $16.78.

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.