VanEck BDC Income ETF $BIZD Shares Acquired by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP lifted its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 558.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,140 shares of the company’s stock after purchasing an additional 97,654 shares during the quarter. Baker Avenue Asset Management LP’s holdings in VanEck BDC Income ETF were worth $1,633,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new position in VanEck BDC Income ETF in the 2nd quarter worth approximately $25,000. Cary Street Partners Investment Advisory LLC acquired a new stake in VanEck BDC Income ETF during the 4th quarter valued at approximately $26,000. Ameriflex Group Inc. acquired a new stake in VanEck BDC Income ETF during the 3rd quarter valued at approximately $32,000. Group One Trading LLC boosted its holdings in shares of VanEck BDC Income ETF by 402.5% in the 2nd quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock valued at $33,000 after acquiring an additional 1,610 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of VanEck BDC Income ETF in the 3rd quarter valued at $49,000.

VanEck BDC Income ETF Price Performance

NYSEARCA:BIZD opened at $12.59 on Friday. The company’s fifty day moving average price is $12.70 and its 200-day moving average price is $13.52. VanEck BDC Income ETF has a 1-year low of $11.97 and a 1-year high of $16.95. The firm has a market capitalization of $1.55 billion, a P/E ratio of 11.32 and a beta of 0.66.

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.