Future Financial Wealth Managment LLC Has $1.57 Million Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Future Financial Wealth Managment LLC decreased its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 12.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,492 shares of the company’s stock after selling 12,996 shares during the quarter. VanEck BDC Income ETF accounts for about 1.1% of Future Financial Wealth Managment LLC’s portfolio, making the stock its 21st largest holding. Future Financial Wealth Managment LLC owned approximately 0.15% of VanEck BDC Income ETF worth $1,571,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Truist Financial Corp acquired a new stake in shares of VanEck BDC Income ETF in the 2nd quarter valued at approximately $248,000. Envestnet Asset Management Inc. boosted its position in shares of VanEck BDC Income ETF by 130.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after purchasing an additional 133,044 shares in the last quarter. Raymond James & Associates grew its position in shares of VanEck BDC Income ETF by 206.1% during the 3rd quarter. Raymond James & Associates now owns 166,398 shares of the company’s stock worth $2,756,000 after buying an additional 112,039 shares during the period. Oppenheimer & Co. Inc. increased its stake in VanEck BDC Income ETF by 24.0% in the third quarter. Oppenheimer & Co. Inc. now owns 17,124 shares of the company’s stock valued at $284,000 after purchasing an additional 3,316 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in VanEck BDC Income ETF by 47.3% in the 3rd quarter. HighTower Advisors LLC now owns 94,947 shares of the company’s stock valued at $1,574,000 after buying an additional 30,481 shares in the last quarter.

VanEck BDC Income ETF Stock Down 0.2 %

BIZD traded down $0.03 during trading on Monday, hitting $16.39. 714,490 shares of the company’s stock were exchanged, compared to its average volume of 853,769. The stock has a market cap of $1.06 billion, a P/E ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.43. The business’s 50 day moving average is $16.62 and its two-hundred day moving average is $16.48.

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.