130,672 Shares in VanEck BDC Income ETF $BIZD Bought by Paller Financial Services Inc

Paller Financial Services Inc bought a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 130,672 shares of the company’s stock, valued at approximately $1,654,000.

Other institutional investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new position in shares of VanEck BDC Income ETF during the second quarter valued at about $25,000. Motiv8 Investments LLC purchased a new stake in VanEck BDC Income ETF during the 4th quarter worth approximately $25,000. Cary Street Partners Investment Advisory LLC acquired a new position in VanEck BDC Income ETF during the 4th quarter valued at approximately $26,000. Group One Trading LLC increased its stake in VanEck BDC Income ETF by 402.5% during the 2nd quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock valued at $33,000 after purchasing an additional 1,610 shares in the last quarter. Finally, Western Wealth Management LLC purchased a new position in shares of VanEck BDC Income ETF in the first quarter worth $35,000.

VanEck BDC Income ETF Trading Down 1.9%

NYSEARCA:BIZD opened at $12.72 on Thursday. The company has a market capitalization of $1.61 billion, a P/E ratio of 11.32 and a beta of 0.64. VanEck BDC Income ETF has a 12 month low of $11.97 and a 12 month high of $16.15. The firm has a fifty day simple moving average of $12.52 and a 200-day simple moving average of $12.87.

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.