VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC increased its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 62.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,507 shares of the company’s stock after acquiring an additional 13,217 shares during the period. Park Avenue Securities LLC’s holdings in VanEck BDC Income ETF were worth $583,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Creekmur Asset Management LLC acquired a new stake in VanEck BDC Income ETF in the fourth quarter valued at approximately $150,000. Condor Capital Management grew its holdings in VanEck BDC Income ETF by 7.3% in the fourth quarter. Condor Capital Management now owns 856,900 shares of the company’s stock valued at $13,745,000 after purchasing an additional 58,364 shares during the period. Stifel Financial Corp grew its holdings in VanEck BDC Income ETF by 2.7% in the fourth quarter. Stifel Financial Corp now owns 298,624 shares of the company’s stock valued at $4,790,000 after purchasing an additional 7,796 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in VanEck BDC Income ETF in the fourth quarter valued at approximately $3,643,000. Finally, Hilltop Holdings Inc. grew its holdings in VanEck BDC Income ETF by 37.9% in the fourth quarter. Hilltop Holdings Inc. now owns 706,069 shares of the company’s stock valued at $11,325,000 after purchasing an additional 193,888 shares during the period.

VanEck BDC Income ETF Trading Down 0.2 %

Shares of BIZD opened at $17.11 on Friday. VanEck BDC Income ETF has a 12 month low of $14.60 and a 12 month high of $17.43. The stock’s 50 day moving average is $16.99 and its two-hundred day moving average is $16.56. The firm has a market cap of $1.11 billion, a P/E 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.