Wedbush Securities Inc. Purchases 160,520 Shares of VanEck BDC Income ETF $BIZD

Wedbush Securities Inc. acquired a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 160,520 shares of the company’s stock, valued at approximately $2,069,000. Wedbush Securities Inc. owned 0.14% of VanEck BDC Income ETF at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Quantum Portfolio Management LLC purchased a new position in VanEck BDC Income ETF in the first quarter valued at $42,000. Bank of America Corp DE grew its stake in VanEck BDC Income ETF by 30.8% during the 1st quarter. Bank of America Corp DE now owns 7,624,033 shares of the company’s stock worth $97,588,000 after purchasing an additional 1,794,136 shares in the last quarter. Independent Financial Group LLC acquired a new position in VanEck BDC Income ETF during the 1st quarter worth $13,576,000. Cambridge Associates LLC MA ADV increased its holdings in VanEck BDC Income ETF by 38.7% during the 1st quarter. Cambridge Associates LLC MA ADV now owns 2,424,628 shares of the company’s stock worth $31,035,000 after purchasing an additional 676,672 shares during the period. Finally, Market Street Wealth Management Advisors LLC purchased a new stake in VanEck BDC Income ETF during the 3rd quarter worth about $7,790,000.

VanEck BDC Income ETF Price Performance

BIZD stock opened at $11.93 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 11.32 and a beta of 0.67. The business’s 50-day moving average is $12.80 and its two-hundred day moving average is $12.71. VanEck BDC Income ETF has a 1 year low of $11.73 and a 1 year high of $15.12.

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.