Bank of America Corp DE lifted its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 30.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 7,624,033 shares of the company’s stock after purchasing an additional 1,794,136 shares during the period. Bank of America Corp DE owned 0.06% of VanEck BDC Income ETF worth $97,588,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its stake in shares of VanEck BDC Income ETF by 53.8% in the first quarter. EverSource Wealth Advisors LLC now owns 5,000 shares of the company’s stock worth $64,000 after acquiring an additional 1,750 shares during the last quarter. Royal Bank of Canada boosted its position in VanEck BDC Income ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 503,030 shares of the company’s stock valued at $6,439,000 after buying an additional 9,763 shares during the last quarter. Measured Risk Portfolios Inc. boosted its position in VanEck BDC Income ETF by 14.6% in the 1st quarter. Measured Risk Portfolios Inc. now owns 180,605 shares of the company’s stock valued at $2,312,000 after buying an additional 23,020 shares during the last quarter. Waverly Advisors LLC increased its stake in shares of VanEck BDC Income ETF by 7.3% in the 1st quarter. Waverly Advisors LLC now owns 106,620 shares of the company’s stock valued at $1,365,000 after buying an additional 7,214 shares during the period. Finally, Wealth Alliance LLC increased its stake in shares of VanEck BDC Income ETF by 24.0% in the 1st quarter. Wealth Alliance LLC now owns 126,217 shares of the company’s stock valued at $1,616,000 after buying an additional 24,443 shares during the period.
VanEck BDC Income ETF Stock Up 2.2%
BIZD stock opened at $13.41 on Friday. VanEck BDC Income ETF has a twelve month low of $11.97 and a twelve month high of $16.15. The company has a market cap of $1.70 billion, a P/E ratio of 11.32 and a beta of 0.64. The business has a fifty day moving average of $12.55 and a 200-day moving average of $12.86.
About VanEck BDC Income ETF
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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