VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Gap Down to $17.11

VanEck BDC Income ETF (NYSEARCA:BIZDGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $17.11, but opened at $16.70. VanEck BDC Income ETF shares last traded at $16.69, with a volume of 82,121 shares changing hands.

VanEck BDC Income ETF Stock Up 1.0 %

The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The company has a 50-day moving average price of $17.00 and a 200 day moving average price of $16.57.

Institutional Trading of VanEck BDC Income ETF

A number of institutional investors have recently bought and sold shares of the company. O Shaughnessy Asset Management LLC acquired a new stake in VanEck BDC Income ETF in the 3rd quarter worth approximately $113,000. Rainsberger Wealth Advisors Inc. grew its holdings in shares of VanEck BDC Income ETF by 5.2% during the 3rd quarter. Rainsberger Wealth Advisors Inc. now owns 41,386 shares of the company’s stock worth $663,000 after purchasing an additional 2,028 shares in the last quarter. Townsquare Capital LLC boosted its stake in VanEck BDC Income ETF by 38.1% during the third quarter. Townsquare Capital LLC now owns 172,661 shares of the company’s stock worth $2,768,000 after buying an additional 47,620 shares in the last quarter. Anchor Investment Management LLC bought a new stake in VanEck BDC Income ETF in the fourth quarter valued at about $277,000. Finally, Shilanski & Associates Inc. grew its stake in shares of VanEck BDC Income ETF by 0.7% in the 4th quarter. Shilanski & Associates Inc. now owns 204,878 shares of the company’s stock valued at $3,286,000 after purchasing an additional 1,511 shares during the period.

About VanEck BDC Income ETF

(Get Free Report)

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.

Further Reading

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