Future Financial Wealth Managment LLC Grows Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Future Financial Wealth Managment LLC lifted its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 107,488 shares of the company’s stock after buying an additional 5,807 shares during the period. VanEck BDC Income ETF makes up 1.3% of Future Financial Wealth Managment LLC’s portfolio, making the stock its 19th biggest position. Future Financial Wealth Managment LLC owned about 0.17% of VanEck BDC Income ETF worth $1,780,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Mattson Financial Services LLC purchased a new stake in shares of VanEck BDC Income ETF during the second quarter valued at $46,000. Creekmur Asset Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the fourth quarter valued at $150,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of VanEck BDC Income ETF by 31.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after buying an additional 2,396 shares during the last quarter. Howard Wealth Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the first quarter valued at $171,000. Finally, J.W. Cole Advisors Inc. purchased a new position in VanEck BDC Income ETF in the first quarter worth about $211,000.

VanEck BDC Income ETF Stock Performance

Shares of NYSEARCA:BIZD opened at $16.14 on Wednesday. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The stock’s 50-day simple moving average is $16.22 and its two-hundred day simple moving average is $16.61. VanEck BDC Income ETF has a 52-week low of $14.60 and a 52-week high of $17.43.

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.