International Assets Investment Management LLC Purchases 9,150 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

International Assets Investment Management LLC raised its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 11.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,579 shares of the company’s stock after purchasing an additional 9,150 shares during the quarter. International Assets Investment Management LLC owned 0.21% of VanEck BDC Income ETF worth $1,473,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BIZD. HighTower Advisors LLC raised its stake in shares of VanEck BDC Income ETF by 79.7% during the third quarter. HighTower Advisors LLC now owns 55,650 shares of the company’s stock valued at $891,000 after acquiring an additional 24,684 shares in the last quarter. Kestra Advisory Services LLC increased its stake in shares of VanEck BDC Income ETF by 12.5% during the third quarter. Kestra Advisory Services LLC now owns 47,646 shares of the company’s stock valued at $764,000 after buying an additional 5,289 shares during the period. LPL Financial LLC raised its holdings in shares of VanEck BDC Income ETF by 4.6% in the third quarter. LPL Financial LLC now owns 2,171,601 shares of the company’s stock valued at $34,811,000 after acquiring an additional 95,009 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in VanEck BDC Income ETF by 48.6% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,289 shares of the company’s stock worth $357,000 after acquiring an additional 7,287 shares during the period. Finally, O Shaughnessy Asset Management LLC bought a new position in VanEck BDC Income ETF during the 3rd quarter worth about $113,000.

VanEck BDC Income ETF Stock Down 0.2 %

Shares of BIZD stock opened at $17.00 on Monday. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a 52-week low of $14.60 and a 52-week high of $17.43. The company’s 50 day moving average is $16.91 and its 200 day moving average is $16.53.

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.