Park Avenue Securities LLC Lowers Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Park Avenue Securities LLC lessened its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZDFree Report) by 18.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 69,426 shares of the company’s stock after selling 15,610 shares during the quarter. Park Avenue Securities LLC owned approximately 0.11% of VanEck BDC Income ETF worth $1,150,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have 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 worth about $46,000. Sanctuary Advisors LLC acquired a new position in shares of VanEck BDC Income ETF during the second quarter valued at approximately $1,837,000. Cetera Investment Advisers raised its holdings in shares of VanEck BDC Income ETF by 4.1% during the second quarter. Cetera Investment Advisers now owns 102,128 shares of the company’s stock valued at $1,747,000 after acquiring an additional 3,988 shares during the last quarter. Truist Financial Corp purchased a new stake in shares of VanEck BDC Income ETF during the second quarter worth approximately $248,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in VanEck BDC Income ETF by 31.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after purchasing an additional 2,396 shares during the last quarter.

VanEck BDC Income ETF Stock Down 0.1 %

Shares of BIZD opened at $16.14 on Wednesday. The firm’s fifty day moving average is $16.22 and its two-hundred day moving average is $16.61. The stock has a market cap of $1.04 billion, a PE ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a 52-week low of $14.60 and a 52-week high of $17.43.

About VanEck BDC Income ETF

(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.

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Institutional Ownership by Quarter for VanEck BDC Income ETF (NYSEARCA:BIZD)

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