Stonebridge Financial Planning Group LLC Increases Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Stonebridge Financial Planning Group LLC increased its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 46.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,539 shares of the company’s stock after acquiring an additional 13,785 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in VanEck BDC Income ETF were worth $721,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BIZD. Mattson Financial Services LLC bought a new position in shares of VanEck BDC Income ETF during the second quarter worth $46,000. Sound Income Strategies LLC raised its holdings in VanEck BDC Income ETF by 12.9% during the 3rd quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after buying an additional 947 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of VanEck BDC Income ETF by 31.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock worth $172,000 after acquiring an additional 2,396 shares during the last quarter. OLD National Bancorp IN purchased a new position in shares of VanEck BDC Income ETF during the second quarter valued at approximately $218,000. Finally, Seaview Investment Managers LLC purchased a new position in VanEck BDC Income ETF during the 2nd quarter valued at $236,000.

VanEck BDC Income ETF Trading Down 0.4 %

Shares of VanEck BDC Income ETF stock traded down $0.06 on Wednesday, hitting $16.48. 36,086 shares of the company traded hands, compared to its average volume of 616,893. VanEck BDC Income ETF has a 52 week low of $15.18 and a 52 week high of $17.43. The company has a market cap of $1.07 billion, a PE ratio of 18.42 and a beta of 0.58. The stock’s 50 day moving average price is $16.33 and its 200-day moving average price is $16.57.

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.