Ranch Capital Advisors Inc. Raises Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Ranch Capital Advisors Inc. grew its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,786 shares of the company’s stock after acquiring an additional 2,129 shares during the quarter. Ranch Capital Advisors Inc. owned about 0.07% of VanEck BDC Income ETF worth $818,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creekmur Asset Management LLC purchased a new stake in VanEck BDC Income ETF during the 4th quarter valued at about $150,000. Howard Wealth Management LLC purchased a new stake in VanEck BDC Income ETF in the first quarter valued at approximately $171,000. J.W. Cole Advisors Inc. purchased a new position in VanEck BDC Income ETF during the 1st quarter worth approximately $211,000. OLD National Bancorp IN acquired a new stake in VanEck BDC Income ETF during the 2nd quarter valued at approximately $218,000. Finally, Larson Financial Group LLC raised its holdings in shares of VanEck BDC Income ETF by 8.3% during the first quarter. Larson Financial Group LLC now owns 13,955 shares of the company’s stock worth $236,000 after purchasing an additional 1,075 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

NYSEARCA BIZD opened at $16.55 on Friday. The stock has a 50-day simple moving average of $16.33 and a two-hundred day simple moving average of $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 $1.07 billion, a P/E ratio of 18.42 and a beta of 0.58.

VanEck BDC Income ETF Profile

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.