VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,011 shares of the company’s stock after buying an additional 4,450 shares during the period. Janney Montgomery Scott LLC owned 0.17% of VanEck BDC Income ETF worth $1,822,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new position in VanEck BDC Income ETF during the second quarter worth approximately $46,000. Sound Income Strategies LLC increased its holdings in shares of VanEck BDC Income ETF by 12.9% in the third quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after purchasing an additional 947 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of VanEck BDC Income ETF by 31.3% in the second 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 period. OLD National Bancorp IN acquired a new position in shares of VanEck BDC Income ETF in the second quarter valued at approximately $218,000. Finally, Seaview Investment Managers LLC acquired a new position in shares of VanEck BDC Income ETF in the second quarter valued at approximately $236,000.

VanEck BDC Income ETF Trading Up 0.4 %

NYSEARCA:BIZD opened at $16.31 on Thursday. The firm has a market cap of $1.06 billion, a P/E ratio of 18.42 and a beta of 0.58. The stock’s 50 day simple moving average is $16.32 and its 200-day simple moving average is $16.58. VanEck BDC Income ETF has a 12-month low of $15.18 and a 12-month high of $17.43.

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.