Private Advisor Group LLC Has $1.41 Million Stock Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Private Advisor Group LLC lowered its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 3.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 84,862 shares of the company’s stock after selling 2,988 shares during the quarter. Private Advisor Group LLC’s holdings in VanEck BDC Income ETF were worth $1,412,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Management Network Inc. raised its stake in shares of VanEck BDC Income ETF by 0.9% during the fourth quarter. Financial Management Network Inc. now owns 160,822 shares of the company’s stock valued at $2,694,000 after acquiring an additional 1,413 shares during the last quarter. Global Retirement Partners LLC raised its position in VanEck BDC Income ETF by 52.5% during the 4th quarter. Global Retirement Partners LLC now owns 37,771 shares of the company’s stock worth $628,000 after purchasing an additional 13,010 shares during the last quarter. Atria Wealth Solutions Inc. lifted its holdings in VanEck BDC Income ETF by 0.8% during the 4th quarter. Atria Wealth Solutions Inc. now owns 86,313 shares of the company’s stock worth $1,435,000 after buying an additional 707 shares during the period. Truist Financial Corp grew its position in shares of VanEck BDC Income ETF by 20.8% in the 4th quarter. Truist Financial Corp now owns 23,320 shares of the company’s stock valued at $388,000 after buying an additional 4,011 shares during the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of VanEck BDC Income ETF by 26.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 87,336 shares of the company’s stock valued at $1,452,000 after buying an additional 18,115 shares during the period.

VanEck BDC Income ETF Stock Performance

NYSEARCA:BIZD opened at $17.30 on Friday. VanEck BDC Income ETF has a 52 week low of $15.18 and a 52 week high of $17.86. The firm’s fifty day moving average is $17.11 and its 200-day moving average is $16.64. The firm has a market cap of $1.53 billion, a P/E ratio of 10.16 and a beta of 1.11.

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.