Quantum Portfolio Management LLC bought a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) in the first quarter, HoldingsChannel.com reports. The fund bought 3,296,072 shares of the company’s stock, valued at approximately $42,000.
Other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new stake in shares of VanEck BDC Income ETF in the 2nd quarter worth approximately $25,000. Motiv8 Investments LLC bought a new position in VanEck BDC Income ETF during the 4th quarter worth $25,000. Cary Street Partners Investment Advisory LLC acquired a new stake in VanEck BDC Income ETF in the fourth quarter worth $26,000. Group One Trading LLC increased its position in VanEck BDC Income ETF by 402.5% in the second quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock worth $33,000 after buying an additional 1,610 shares during the period. Finally, Sherman Asset Management Inc. bought a new stake in VanEck BDC Income ETF in the second quarter valued at $57,000.
VanEck BDC Income ETF Stock Performance
BIZD stock opened at $12.28 on Friday. VanEck BDC Income ETF has a 1 year low of $11.97 and a 1 year high of $16.95. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 11.32 and a beta of 0.64. The stock’s fifty day moving average is $12.57 and its two-hundred day moving average is $13.10.
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.
Featured Stories
- Five stocks we like better than VanEck BDC Income ETF
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report).
Receive News & Ratings for VanEck BDC Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck BDC Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
