QTR Family Wealth LLC acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 270,128 shares of the company’s stock, valued at approximately $3,482,000. VanEck BDC Income ETF accounts for about 1.3% of QTR Family Wealth LLC’s portfolio, making the stock its 17th largest position.
Several other hedge funds and other institutional investors have also recently bought and sold shares of BIZD. Barrett & Company Inc. bought a new position in shares of VanEck BDC Income ETF in the third quarter worth approximately $29,000. Western Wealth Management LLC bought a new stake in VanEck BDC Income ETF during the 1st quarter valued at $35,000. BOKF NA bought a new stake in VanEck BDC Income ETF during the 3rd quarter valued at $41,000. EverSource Wealth Advisors LLC raised its holdings in VanEck BDC Income ETF by 53.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,000 shares of the company’s stock valued at $64,000 after buying an additional 1,750 shares during the last quarter. Finally, Latitude Advisors LLC bought a new stake in VanEck BDC Income ETF during the 3rd quarter valued at $73,000.
VanEck BDC Income ETF Stock Down 0.8%
Shares of BIZD opened at $12.56 on Friday. The stock has a market capitalization of $1.49 billion, a P/E ratio of 11.32 and a beta of 0.67. The firm has a fifty day simple moving average of $12.63 and a two-hundred day simple moving average of $12.83. VanEck BDC Income ETF has a twelve month low of $11.73 and a twelve month high of $15.12.
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.
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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).
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