International Assets Investment Management LLC Grows Stock Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

International Assets Investment Management LLC grew its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 11.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 90,579 shares of the company’s stock after acquiring an additional 9,150 shares during the period. International Assets Investment Management LLC’s holdings in VanEck BDC Income ETF were worth $1,473,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. O Shaughnessy Asset Management LLC purchased a new position in VanEck BDC Income ETF in the third quarter valued at about $113,000. Advisors Preferred LLC purchased a new position in shares of VanEck BDC Income ETF during the 4th quarter valued at approximately $134,000. Creekmur Asset Management LLC acquired a new stake in shares of VanEck BDC Income ETF during the fourth quarter worth approximately $150,000. Stonebridge Financial Planning Group LLC bought a new stake in shares of VanEck BDC Income ETF in the fourth quarter worth $167,000. Finally, Beacon Financial Advisory LLC raised its holdings in VanEck BDC Income ETF by 7.6% in the fourth quarter. Beacon Financial Advisory LLC now owns 11,685 shares of the company’s stock valued at $187,000 after acquiring an additional 825 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of VanEck BDC Income ETF stock opened at $17.00 on Monday. VanEck BDC Income ETF has a 1 year low of $14.60 and a 1 year high of $17.43. The firm’s 50-day simple moving average is $16.91 and its 200-day simple moving average is $16.53. The firm has a market cap of $1.10 billion, a PE ratio of 18.42 and a beta of 0.58.

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.