Bridges Investment Management Inc. grew its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 18.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 78,587 shares of the company’s stock after buying an additional 12,277 shares during the quarter. Bridges Investment Management Inc. owned 0.12% of VanEck BDC Income ETF worth $1,345,000 as of its most recent filing with the SEC.
Several other hedge funds also recently made changes to their positions in BIZD. Empowered Funds LLC acquired a new position in VanEck BDC Income ETF during the first quarter worth $7,782,000. Proficio Capital Partners LLC acquired a new position in shares of VanEck BDC Income ETF during the 1st quarter worth $4,547,000. Foundations Investment Advisors LLC purchased a new position in shares of VanEck BDC Income ETF in the 2nd quarter valued at about $3,999,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of VanEck BDC Income ETF in the fourth quarter valued at about $3,643,000. Finally, Hilltop Holdings Inc. boosted its holdings in VanEck BDC Income ETF by 37.9% during the fourth quarter. Hilltop Holdings Inc. now owns 706,069 shares of the company’s stock worth $11,325,000 after buying an additional 193,888 shares in the last quarter.
VanEck BDC Income ETF Trading Down 0.4 %
Shares of VanEck BDC Income ETF stock opened at $16.48 on Friday. The company has a 50-day moving average of $16.32 and a two-hundred day moving average of $16.61. VanEck BDC Income ETF has a 12-month low of $14.60 and a 12-month high of $17.43. The stock has a market cap of $1.07 billion, a PE ratio of 18.42 and a beta of 0.58.
VanEck BDC Income ETF Company 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.
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