LPL Financial LLC lessened its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 12.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,123,224 shares of the company’s stock after selling 307,208 shares during the quarter. LPL Financial LLC owned approximately 3.28% of VanEck BDC Income ETF worth $36,328,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of BIZD. Creekmur Asset Management LLC bought a new position in shares of VanEck BDC Income ETF in the 4th quarter valued at about $150,000. Howard Wealth Management LLC bought a new position in shares of VanEck BDC Income ETF in the 1st quarter valued at about $171,000. J.W. Cole Advisors Inc. bought a new position in shares of VanEck BDC Income ETF in the 1st quarter valued at about $211,000. OLD National Bancorp IN bought a new position in shares of VanEck BDC Income ETF in the 2nd quarter valued at about $218,000. Finally, Larson Financial Group LLC boosted its stake in VanEck BDC Income ETF by 8.3% during the 1st quarter. Larson Financial Group LLC now owns 13,955 shares of the company’s stock worth $236,000 after acquiring an additional 1,075 shares during the last quarter.
VanEck BDC Income ETF Price Performance
VanEck BDC Income ETF stock opened at $16.44 on Monday. The company’s 50 day simple moving average is $16.37 and its 200 day simple moving average is $16.61. VanEck BDC Income ETF has a fifty-two week low of $14.60 and a fifty-two week high of $17.43. The firm has a market capitalization of $1.06 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.
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