Cary Street Partners Financial LLC Invests $469,000 in VanEck BDC Income ETF (NYSEARCA:BIZD)

Cary Street Partners Financial LLC acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 28,193 shares of the company’s stock, valued at approximately $469,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of VanEck BDC Income ETF in the fourth quarter valued at about $30,000. Jones Financial Companies Lllp purchased a new stake in VanEck BDC Income ETF during the 4th quarter valued at about $31,000. AlphaMark Advisors LLC raised its holdings in VanEck BDC Income ETF by 229.5% in the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after acquiring an additional 1,515 shares during the last quarter. Hollencrest Capital Management purchased a new position in VanEck BDC Income ETF in the 4th quarter worth approximately $50,000. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of VanEck BDC Income ETF during the 4th quarter worth approximately $57,000.

VanEck BDC Income ETF Stock Performance

NYSEARCA:BIZD opened at $15.34 on Friday. The stock has a 50 day moving average price of $15.74 and a 200 day moving average price of $16.48. The stock has a market cap of $1.36 billion, a PE ratio of 9.04 and a beta of 0.85. VanEck BDC Income ETF has a one year low of $13.50 and a one year high of $17.86.

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.