Bank Julius Baer & Co. Ltd Zurich Acquires New Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Bank Julius Baer & Co. Ltd Zurich bought a new position in VanEck BDC Income ETF (NYSEARCA:BIZD) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 31,534 shares of the company’s stock, valued at approximately $579,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BIZD. Haven Private LLC bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter valued at approximately $8,859,000. Nan Fung Trinity HK Ltd. acquired a new stake in VanEck BDC Income ETF in the fourth quarter valued at approximately $5,638,000. Raymond James Financial Inc. bought a new stake in VanEck BDC Income ETF in the fourth quarter worth approximately $5,532,000. Denali Advisors LLC acquired a new position in shares of VanEck BDC Income ETF during the 4th quarter worth $2,612,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in VanEck BDC Income ETF in the fourth quarter worth $2,531,000.

VanEck BDC Income ETF Price Performance

NYSEARCA BIZD opened at $16.92 on Tuesday. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.86. The stock’s 50-day moving average is $17.16 and its two-hundred day moving average is $16.71. The firm has a market cap of $1.50 billion, a P/E ratio of 10.16 and a beta of 1.11.

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.