VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 88.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,226 shares of the company’s stock after selling 137,868 shares during the quarter. Sanctuary Advisors LLC’s holdings in VanEck BDC Income ETF were worth $317,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in BIZD. AlphaMark Advisors LLC grew its position in shares of VanEck BDC Income ETF by 229.5% during the fourth quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock worth $36,000 after buying an additional 1,515 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new position in VanEck BDC Income ETF in the fourth quarter valued at approximately $57,000. MGB Wealth Management LLC boosted its holdings in VanEck BDC Income ETF by 11.0% in the fourth quarter. MGB Wealth Management LLC now owns 7,493 shares of the company’s stock valued at $125,000 after purchasing an additional 743 shares in the last quarter. Insight Advisors LLC PA acquired a new position in VanEck BDC Income ETF in the fourth quarter valued at approximately $203,000. Finally, Larson Financial Group LLC boosted its holdings in VanEck BDC Income ETF by 7.6% in the third quarter. Larson Financial Group LLC now owns 15,744 shares of the company’s stock valued at $261,000 after purchasing an additional 1,115 shares in the last quarter.

VanEck BDC Income ETF Stock Down 0.5 %

Shares of BIZD opened at $17.47 on Tuesday. The stock has a 50 day moving average price of $17.14 and a 200 day moving average price of $16.68. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 10.16 and a beta of 1.11. VanEck BDC Income ETF has a 52-week low of $15.18 and a 52-week high of $17.86.

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.