Larson Financial Group LLC Has $250,000 Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Larson Financial Group LLC lifted its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,629 shares of the company’s stock after purchasing an additional 674 shares during the quarter. Larson Financial Group LLC’s holdings in VanEck BDC Income ETF were worth $250,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of BIZD. Foundations Investment Advisors LLC bought a new stake in VanEck BDC Income ETF in the 2nd quarter valued at approximately $3,999,000. Guidance Capital Inc. lifted its stake in VanEck BDC Income ETF by 7.3% in the 2nd quarter. Guidance Capital Inc. now owns 80,491 shares of the company’s stock valued at $1,341,000 after acquiring an additional 5,447 shares in the last quarter. Spire Wealth Management lifted its stake in VanEck BDC Income ETF by 48.7% in the 2nd quarter. Spire Wealth Management now owns 56,598 shares of the company’s stock valued at $968,000 after acquiring an additional 18,544 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in VanEck BDC Income ETF by 7.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 386,630 shares of the company’s stock valued at $6,615,000 after acquiring an additional 26,915 shares in the last quarter. Finally, TrueMark Investments LLC bought a new stake in VanEck BDC Income ETF in the 2nd quarter valued at approximately $625,000.

VanEck BDC Income ETF Stock Performance

NYSEARCA BIZD opened at $16.13 on Friday. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The stock’s 50 day moving average price is $16.43 and its two-hundred day moving average price is $16.61. VanEck BDC Income ETF has a 52 week low of $14.60 and a 52 week high of $17.43.

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.