Cetera Investment Advisers Has $1.75 Million Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Cetera Investment Advisers grew its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,128 shares of the company’s stock after buying an additional 3,988 shares during the quarter. Cetera Investment Advisers owned 0.16% of VanEck BDC Income ETF worth $1,747,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings 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 bought a new position in shares of VanEck BDC Income ETF during the first quarter valued at about $171,000. J.W. Cole Advisors Inc. bought a new position in shares of VanEck BDC Income ETF during the first quarter valued at about $211,000. OLD National Bancorp IN bought a new position in shares of VanEck BDC Income ETF during the second quarter valued at about $218,000. Finally, Seaview Investment Managers LLC bought a new position in shares of VanEck BDC Income ETF during the second quarter valued at about $236,000.

VanEck BDC Income ETF Price Performance

BIZD opened at $16.27 on Tuesday. The company’s 50-day moving average is $16.21 and its 200 day moving average is $16.59. VanEck BDC Income ETF has a fifty-two week low of $14.60 and a fifty-two week high of $17.43. The firm has a market capitalization of $1.05 billion, a P/E ratio of 18.42 and a beta of 0.58.

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.