Samalin Investment Counsel LLC purchased a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 281,875 shares of the company’s stock, valued at approximately $3,633,000. VanEck BDC Income ETF comprises approximately 1.1% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 23rd biggest position.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in VanEck BDC Income ETF by 30.8% in the first quarter. Bank of America Corp DE now owns 7,624,033 shares of the company’s stock valued at $97,588,000 after acquiring an additional 1,794,136 shares in the last quarter. Cambridge Associates LLC MA ADV grew its holdings in shares of VanEck BDC Income ETF by 38.7% during the first quarter. Cambridge Associates LLC MA ADV now owns 2,424,628 shares of the company’s stock worth $31,035,000 after purchasing an additional 676,672 shares during the last quarter. Independent Financial Group LLC purchased a new position in shares of VanEck BDC Income ETF during the first quarter worth about $13,576,000. Market Street Wealth Management Advisors LLC acquired a new stake in shares of VanEck BDC Income ETF during the third quarter worth about $7,790,000. Finally, Parkside Investments LLC acquired a new stake in shares of VanEck BDC Income ETF during the third quarter worth about $7,683,000.
VanEck BDC Income ETF Stock Performance
BIZD opened at $11.93 on Monday. VanEck BDC Income ETF has a one year low of $11.73 and a one year high of $15.12. The stock has a market capitalization of $1.41 billion, a P/E ratio of 11.32 and a beta of 0.67. The business’s 50-day simple moving average is $12.80 and its 200-day simple moving average is $12.71.
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.
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