VanEck BDC Income ETF $BIZD Shares Acquired by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC boosted its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 18.1% in the 2nd quarter, Holdings Channel reports. The firm owned 25,320 shares of the company’s stock after purchasing an additional 3,877 shares during the period. Beacon Financial Advisory LLC’s holdings in VanEck BDC Income ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of BIZD. Wealthcare Advisory Partners LLC grew its position in VanEck BDC Income ETF by 167.6% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 55,559 shares of the company’s stock worth $904,000 after purchasing an additional 34,797 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of VanEck BDC Income ETF during the second quarter worth about $1,947,000. Truist Financial Corp increased its position in VanEck BDC Income ETF by 10.2% in the 2nd quarter. Truist Financial Corp now owns 26,316 shares of the company’s stock valued at $428,000 after acquiring an additional 2,446 shares during the period. Investment Partners Asset Management Inc. raised its stake in VanEck BDC Income ETF by 2.0% during the 2nd quarter. Investment Partners Asset Management Inc. now owns 106,353 shares of the company’s stock valued at $1,731,000 after acquiring an additional 2,116 shares during the last quarter. Finally, Maridea Wealth Management LLC raised its stake in VanEck BDC Income ETF by 4.4% during the 2nd quarter. Maridea Wealth Management LLC now owns 29,967 shares of the company’s stock valued at $488,000 after acquiring an additional 1,272 shares during the last quarter.

VanEck BDC Income ETF Trading Down 1.0%

Shares of BIZD stock opened at $14.39 on Monday. The company has a market capitalization of $1.53 billion, a P/E ratio of 11.32 and a beta of 1.21. The business’s 50 day moving average is $15.73 and its two-hundred day moving average is $15.83. VanEck BDC Income ETF has a twelve month low of $13.50 and a twelve month high of $17.86.

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.