J.Safra Asset Management Corp Buys Shares of 91,140 VanEck BDC Income ETF $BIZD

J.Safra Asset Management Corp bought a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 91,140 shares of the company’s stock, valued at approximately $1,476,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BIZD. Kestra Advisory Services LLC grew its position in VanEck BDC Income ETF by 790.2% in the first quarter. Kestra Advisory Services LLC now owns 471,298 shares of the company’s stock valued at $7,899,000 after acquiring an additional 418,356 shares during the last quarter. LPL Financial LLC grew its holdings in shares of VanEck BDC Income ETF by 13.1% during the first quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock worth $46,891,000 after purchasing an additional 324,618 shares during the last quarter. Naviter Wealth LLC lifted its stake in shares of VanEck BDC Income ETF by 464.8% in the second quarter. Naviter Wealth LLC now owns 337,401 shares of the company’s stock worth $5,493,000 after acquiring an additional 277,663 shares during the period. TrueMark Investments LLC lifted its stake in shares of VanEck BDC Income ETF by 1,108.7% in the first quarter. TrueMark Investments LLC now owns 224,919 shares of the company’s stock worth $3,770,000 after acquiring an additional 206,310 shares during the period. Finally, Nan Fung Trinity HK Ltd. lifted its stake in shares of VanEck BDC Income ETF by 40.1% in the first quarter. Nan Fung Trinity HK Ltd. now owns 474,800 shares of the company’s stock worth $7,958,000 after acquiring an additional 135,800 shares during the period.

VanEck BDC Income ETF Price Performance

VanEck BDC Income ETF stock opened at $13.91 on Tuesday. The stock’s 50 day moving average is $15.46 and its 200 day moving average is $15.70. The firm has a market cap of $1.49 billion, a P/E ratio of 11.32 and a beta of 1.21. VanEck BDC Income ETF has a one year low of $13.44 and a one year high of $17.86.

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.