Arkadios Wealth Advisors Buys 17,467 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Arkadios Wealth Advisors raised its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 9.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 196,657 shares of the company’s stock after buying an additional 17,467 shares during the period. Arkadios Wealth Advisors’ holdings in VanEck BDC Income ETF were worth $3,296,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BIZD. JPMorgan Chase & Co. increased its holdings in shares of VanEck BDC Income ETF by 893.0% in the 4th quarter. JPMorgan Chase & Co. now owns 102,135 shares of the company’s stock worth $1,699,000 after buying an additional 91,850 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of VanEck BDC Income ETF in the 4th quarter worth $148,000. Huntington National Bank increased its holdings in shares of VanEck BDC Income ETF by 27.3% in the 4th quarter. Huntington National Bank now owns 5,460 shares of the company’s stock worth $91,000 after buying an additional 1,170 shares during the last quarter. DKM Wealth Management Inc. bought a new position in shares of VanEck BDC Income ETF in the 4th quarter worth $373,000. Finally, Cynosure Group LLC increased its holdings in shares of VanEck BDC Income ETF by 5.2% in the 4th quarter. Cynosure Group LLC now owns 118,800 shares of the company’s stock worth $1,976,000 after buying an additional 5,834 shares during the last quarter.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA:BIZD opened at $16.20 on Thursday. The company’s fifty day moving average price is $16.23 and its 200-day moving average price is $16.32. The firm has a market capitalization of $1.43 billion, a price-to-earnings ratio of 11.32 and a beta of 1.21. VanEck BDC Income ETF has a one year low of $13.50 and a one year high of $17.86.

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.