25,567 Shares in VanEck BDC Income ETF (NYSEARCA:BIZD) Purchased by IAM Advisory LLC

IAM Advisory LLC acquired a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,567 shares of the company’s stock, valued at approximately $425,000.

Other large investors have also recently modified their holdings of the company. Mattson Financial Services LLC bought a new stake in shares of VanEck BDC Income ETF during the 2nd quarter valued at $46,000. Sound Income Strategies LLC grew 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of VanEck BDC Income ETF by 31.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after buying an additional 2,396 shares during the period. Truist Financial Corp purchased a new stake in shares of VanEck BDC Income ETF in the second quarter worth about $248,000. Finally, Larson Financial Group LLC lifted its holdings in shares of VanEck BDC Income ETF by 7.6% in the third quarter. Larson Financial Group LLC now owns 15,744 shares of the company’s stock worth $261,000 after buying an additional 1,115 shares in the last quarter.

VanEck BDC Income ETF Trading Up 0.2 %

Shares of NYSEARCA:BIZD opened at $17.06 on Friday. The company has a 50 day moving average of $16.68 and a 200 day moving average of $16.48. The stock has a market cap of $1.10 billion, a P/E ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a 12 month low of $15.18 and a 12 month high of $17.43.

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.