Andina Capital Management LLC Takes $247,000 Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Andina Capital Management LLC bought a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,377 shares of the company’s stock, valued at approximately $247,000.

Other hedge funds have also made changes to their positions in the company. Hexagon Capital Partners LLC boosted its position in VanEck BDC Income ETF by 22.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 13,616 shares of the company’s stock valued at $218,000 after purchasing an additional 2,500 shares during the last quarter. Stonebridge Financial Planning Group LLC acquired a new stake in shares of VanEck BDC Income ETF during the 4th quarter valued at about $167,000. Kestra Private Wealth Services LLC grew its stake in shares of VanEck BDC Income ETF by 24.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 30,071 shares of the company’s stock valued at $482,000 after buying an additional 5,974 shares in the last quarter. Legacy Capital Wealth Partners LLC increased its holdings in VanEck BDC Income ETF by 16.8% in the fourth quarter. Legacy Capital Wealth Partners LLC now owns 12,353 shares of the company’s stock worth $198,000 after buying an additional 1,777 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in VanEck BDC Income ETF by 370.8% in the fourth quarter. Atria Wealth Solutions Inc. now owns 88,242 shares of the company’s stock worth $1,415,000 after buying an additional 69,498 shares during the last quarter.

VanEck BDC Income ETF Price Performance

NYSEARCA:BIZD traded up $0.15 during trading hours on Wednesday, reaching $16.80. The company’s stock had a trading volume of 328,270 shares, compared to its average volume of 630,103. VanEck BDC Income ETF has a one year low of $13.76 and a one year high of $16.94. The business’s 50-day moving average is $16.43 and its 200-day moving average is $16.12. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 17.70 and a beta of 0.63.

VanEck BDC Income ETF Company 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.