Oppenheimer & Co. Inc. Decreases Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Oppenheimer & Co. Inc. cut its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 16.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 14,347 shares of the company’s stock after selling 2,777 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in VanEck BDC Income ETF were worth $240,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TrueMark Investments LLC boosted its stake in shares of VanEck BDC Income ETF by 1,108.7% in the first quarter. TrueMark Investments LLC now owns 224,919 shares of the company’s stock valued at $3,770,000 after purchasing an additional 206,310 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in VanEck BDC Income ETF by 25.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 113,571 shares of the company’s stock valued at $1,903,000 after acquiring an additional 22,911 shares in the last quarter. First PREMIER Bank raised its holdings in VanEck BDC Income ETF by 3.7% in the first quarter. First PREMIER Bank now owns 34,581 shares of the company’s stock valued at $579,000 after acquiring an additional 1,225 shares in the last quarter. Register Financial Advisors LLC raised its holdings in VanEck BDC Income ETF by 14.8% in the first quarter. Register Financial Advisors LLC now owns 19,523 shares of the company’s stock valued at $327,000 after acquiring an additional 2,520 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC raised its holdings in VanEck BDC Income ETF by 15.5% in the first quarter. Kingswood Wealth Advisors LLC now owns 175,838 shares of the company’s stock valued at $2,908,000 after acquiring an additional 23,632 shares in the last quarter.

VanEck BDC Income ETF Price Performance

BIZD opened at $16.22 on Friday. The stock has a market capitalization of $1.44 billion, a PE ratio of 11.32 and a beta of 1.21. The firm’s fifty day moving average price is $15.89 and its 200 day moving average price is $16.35. VanEck BDC Income ETF has a 12-month low of $13.50 and a 12-month high of $17.86.

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.