VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 8.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,850 shares of the company’s stock after selling 8,385 shares during the quarter. Private Advisor Group LLC’s holdings in VanEck BDC Income ETF were worth $1,455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mattson Financial Services LLC purchased a new stake in shares of VanEck BDC Income ETF in the second quarter valued at about $46,000. Sound Income Strategies LLC grew its holdings in VanEck BDC Income ETF by 12.9% in the 3rd quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after buying an additional 947 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of VanEck BDC Income ETF by 31.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock worth $172,000 after buying an additional 2,396 shares during the period. Howard Wealth Management LLC acquired a new stake in VanEck BDC Income ETF during the 1st quarter worth approximately $171,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in VanEck BDC Income ETF in the 1st quarter valued at $211,000.

VanEck BDC Income ETF Stock Performance

Shares of NYSEARCA:BIZD opened at $16.25 on Friday. VanEck BDC Income ETF has a one year low of $14.81 and a one year high of $17.43. The company has a market cap of $1.05 billion, a P/E ratio of 18.42 and a beta of 0.58. The business’s 50-day simple moving average is $16.34 and its 200 day simple moving average is $16.60.

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.