Wedbush Securities Inc. Buys 4,791 Shares of VanEck BDC Income ETF $BIZD

Wedbush Securities Inc. raised its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 3.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,283 shares of the company’s stock after buying an additional 4,791 shares during the quarter. Wedbush Securities Inc. owned about 0.15% of VanEck BDC Income ETF worth $2,105,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC purchased a new position in shares of VanEck BDC Income ETF in the 1st quarter worth about $41,000. AlphaCore Capital LLC bought a new stake in VanEck BDC Income ETF during the 1st quarter valued at about $53,000. AE Wealth Management LLC raised its holdings in VanEck BDC Income ETF by 81.9% in the first quarter. AE Wealth Management LLC now owns 3,557 shares of the company’s stock worth $60,000 after buying an additional 1,602 shares during the last quarter. Financial Network Wealth Advisors LLC raised its holdings in VanEck BDC Income ETF by 343.2% in the first quarter. Financial Network Wealth Advisors LLC now owns 4,210 shares of the company’s stock worth $71,000 after buying an additional 3,260 shares during the last quarter. Finally, Private Trust Co. NA lifted its stake in shares of VanEck BDC Income ETF by 274.1% in the second quarter. Private Trust Co. NA now owns 4,373 shares of the company’s stock worth $71,000 after buying an additional 3,204 shares in the last quarter.

VanEck BDC Income ETF Stock Up 1.3%

Shares of BIZD opened at $14.19 on Friday. VanEck BDC Income ETF has a twelve month low of $13.44 and a twelve month high of $17.86. The company has a market capitalization of $1.55 billion, a P/E ratio of 11.32 and a beta of 0.82. The firm has a 50 day moving average of $14.81 and a 200 day moving average of $15.59.

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.