Astoria Portfolio Advisors LLC. Makes New $196,000 Investment in VanEck BDC Income ETF $BIZD

Astoria Portfolio Advisors LLC. bought a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 11,760 shares of the company’s stock, valued at approximately $196,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. boosted its holdings in VanEck BDC Income ETF by 5.4% during the first quarter. Avantax Advisory Services Inc. now owns 114,828 shares of the company’s stock worth $1,925,000 after buying an additional 5,907 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of VanEck BDC Income ETF by 297.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 51,427 shares of the company’s stock valued at $862,000 after purchasing an additional 38,483 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of VanEck BDC Income ETF by 12.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 25,096 shares of the company’s stock valued at $407,000 after purchasing an additional 2,788 shares in the last quarter. Triumph Capital Management lifted its holdings in shares of VanEck BDC Income ETF by 10.8% during the 1st quarter. Triumph Capital Management now owns 28,238 shares of the company’s stock valued at $473,000 after purchasing an additional 2,748 shares in the last quarter. Finally, WMG Financial Advisors LLC bought a new position in shares of VanEck BDC Income ETF during the 2nd quarter valued at about $445,000.

VanEck BDC Income ETF Price Performance

NYSEARCA:BIZD opened at $13.91 on Tuesday. VanEck BDC Income ETF has a fifty-two week low of $13.44 and a fifty-two week high of $17.86. The stock has a market capitalization of $1.49 billion, a PE ratio of 11.32 and a beta of 1.21. The business’s 50-day simple moving average is $15.46 and its 200-day simple moving average is $15.70.

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.