VanEck BDC Income ETF (NYSEARCA:BIZD) Stock Holdings Increased by Cynosure Group LLC

Cynosure Group LLC raised its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 40.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 112,966 shares of the company’s stock after purchasing an additional 32,406 shares during the quarter. Cynosure Group LLC’s holdings in VanEck BDC Income ETF were worth $1,871,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Mattson Financial Services LLC acquired a new stake in shares of VanEck BDC Income ETF during the 2nd quarter valued at approximately $46,000. Sound Income Strategies LLC raised its holdings in shares of VanEck BDC Income ETF by 12.9% during the third quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock worth $137,000 after purchasing an additional 947 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position 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 buying an additional 2,396 shares during the last quarter. OLD National Bancorp IN acquired a new position in shares of VanEck BDC Income ETF in the 2nd quarter valued at about $218,000. Finally, Seaview Investment Managers LLC bought a new stake in shares of VanEck BDC Income ETF during the 2nd quarter valued at about $236,000.

VanEck BDC Income ETF Stock Down 0.1 %

Shares of NYSEARCA BIZD opened at $16.72 on Wednesday. The firm’s 50-day moving average price is $16.36 and its two-hundred day moving average price is $16.56. The stock has a market capitalization of $1.08 billion, a P/E ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a 52-week low of $15.18 and a 52-week high of $17.43.

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.