PNC Financial Services Group Inc. Has $357,000 Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

PNC Financial Services Group Inc. decreased its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 17.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,250 shares of the company’s stock after selling 4,750 shares during the period. PNC Financial Services Group Inc. owned approximately 0.05% of VanEck BDC Income ETF worth $357,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of BIZD. O Shaughnessy Asset Management LLC acquired a new position in shares of VanEck BDC Income ETF in the 3rd quarter valued at $113,000. Advisors Preferred LLC acquired a new stake in VanEck BDC Income ETF during the fourth quarter valued at approximately $134,000. Creekmur Asset Management LLC bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter valued at approximately $150,000. Stonebridge Financial Planning Group LLC acquired a new position in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $167,000. Finally, Beacon Financial Advisory LLC lifted its position in shares of VanEck BDC Income ETF by 7.6% during the 4th quarter. Beacon Financial Advisory LLC now owns 11,685 shares of the company’s stock worth $187,000 after buying an additional 825 shares during the period.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA:BIZD opened at $17.11 on Friday. The business’s fifty day moving average price is $16.99 and its two-hundred day moving average price is $16.57. VanEck BDC Income ETF has a fifty-two week low of $14.60 and a fifty-two week high of $17.43. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58.

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.