Mission Hills Financial Advisory LLC Purchases 71,942 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Mission Hills Financial Advisory LLC grew its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 805,097 shares of the company’s stock after buying an additional 71,942 shares during the period. VanEck BDC Income ETF accounts for about 10.4% of Mission Hills Financial Advisory LLC’s investment portfolio, making the stock its biggest holding. Mission Hills Financial Advisory LLC owned 1.24% of VanEck BDC Income ETF worth $13,389,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BIZD. Millennium Management LLC lifted its stake in shares of VanEck BDC Income ETF by 45.0% in the 2nd quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock worth $21,232,000 after acquiring an additional 385,244 shares during the period. NewEdge Advisors LLC raised its holdings in VanEck BDC Income ETF by 53.5% during the second quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock worth $6,522,000 after purchasing an additional 132,890 shares in the last quarter. Foundations Investment Advisors LLC lifted its position in VanEck BDC Income ETF by 15.2% in the third quarter. Foundations Investment Advisors LLC now owns 269,144 shares of the company’s stock worth $4,457,000 after purchasing an additional 35,420 shares during the period. Townsquare Capital LLC boosted its stake in VanEck BDC Income ETF by 9.5% during the 3rd quarter. Townsquare Capital LLC now owns 238,648 shares of the company’s stock valued at $3,952,000 after purchasing an additional 20,777 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of VanEck BDC Income ETF by 130.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after purchasing an additional 133,044 shares during the period.

VanEck BDC Income ETF Stock Performance

BIZD opened at $17.06 on Friday. The stock’s fifty day moving average is $16.68 and its 200-day moving average is $16.48. VanEck BDC Income ETF has a one year low of $15.18 and a one year high of $17.43. The company has a market capitalization of $1.10 billion, a PE ratio of 18.42 and a beta of 0.58.

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.