VanEck BDC Income ETF $BIZD Shares Sold by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC decreased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 43.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,804 shares of the company’s stock after selling 15,846 shares during the quarter. Sage Mountain Advisors LLC’s holdings in VanEck BDC Income ETF were worth $339,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC boosted 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 valued at $46,891,000 after acquiring an additional 324,618 shares during the period. Mission Hills Financial Advisory LLC lifted its holdings in VanEck BDC Income ETF by 15.4% in the second quarter. Mission Hills Financial Advisory LLC now owns 999,233 shares of the company’s stock worth $16,268,000 after purchasing an additional 133,636 shares during the period. Haven Private LLC lifted its holdings in VanEck BDC Income ETF by 12.4% in the first quarter. Haven Private LLC now owns 598,790 shares of the company’s stock worth $10,036,000 after purchasing an additional 66,071 shares during the period. Nan Fung Trinity HK Ltd. lifted its holdings in 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 purchasing an additional 135,800 shares during the period. Finally, Kestra Advisory Services LLC lifted its holdings 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 worth $7,899,000 after purchasing an additional 418,356 shares during the period.

VanEck BDC Income ETF Stock Up 0.5%

BIZD stock opened at $14.33 on Monday. The company has a market capitalization of $1.56 billion, a P/E ratio of 11.32 and a beta of 1.21. The company has a 50-day simple moving average of $15.13 and a 200 day simple moving average of $15.63. VanEck BDC Income ETF has a fifty-two week low of $13.44 and a fifty-two week 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.