Comerica Bank Increases Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Comerica Bank boosted its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 6.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 36,637 shares of the company’s stock after purchasing an additional 2,303 shares during the quarter. Comerica Bank’s holdings in VanEck BDC Income ETF were worth $609,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Integrated Wealth Concepts LLC purchased a new stake in VanEck BDC Income ETF during the 4th quarter valued at about $208,000. MGO One Seven LLC lifted its stake in VanEck BDC Income ETF by 330.7% during the 4th quarter. MGO One Seven LLC now owns 102,507 shares of the company’s stock valued at $1,705,000 after acquiring an additional 78,705 shares during the period. IHT Wealth Management LLC lifted its stake in VanEck BDC Income ETF by 51.8% during the 4th quarter. IHT Wealth Management LLC now owns 21,461 shares of the company’s stock valued at $357,000 after acquiring an additional 7,323 shares during the period. Stifel Financial Corp lifted its stake in VanEck BDC Income ETF by 36.6% during the 4th quarter. Stifel Financial Corp now owns 413,870 shares of the company’s stock valued at $6,883,000 after acquiring an additional 110,940 shares during the period. Finally, Seaview Investment Managers LLC lifted its stake in VanEck BDC Income ETF by 132.5% during the 4th quarter. Seaview Investment Managers LLC now owns 24,796 shares of the company’s stock valued at $412,000 after acquiring an additional 14,133 shares during the period.

VanEck BDC Income ETF Stock Performance

BIZD opened at $15.92 on Thursday. The stock has a market capitalization of $1.41 billion, a P/E ratio of 9.28 and a beta of 0.82. The company’s 50-day simple moving average is $15.68 and its two-hundred day simple moving average is $16.47. VanEck BDC Income ETF has a 52-week low of $13.50 and a 52-week high of $17.86.

VanEck BDC Income ETF 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.