Strategic Financial Concepts LLC Takes Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Strategic Financial Concepts LLC acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 18,123 shares of the company’s stock, valued at approximately $301,000.

A number of other large investors have also added to or reduced their stakes in BIZD. Mission Hills Financial Advisory LLC grew its holdings in VanEck BDC Income ETF by 9.8% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock worth $13,389,000 after acquiring an additional 71,942 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of VanEck BDC Income ETF by 26.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 340,545 shares of the company’s stock worth $5,663,000 after purchasing an additional 71,401 shares during the period. Stratos Wealth Partners LTD. grew its stake in shares of VanEck BDC Income ETF by 5.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 304,934 shares of the company’s stock worth $5,071,000 after purchasing an additional 15,949 shares during the last quarter. Townsquare Capital LLC increased its holdings in VanEck BDC Income ETF by 9.5% in the third quarter. Townsquare Capital LLC now owns 238,648 shares of the company’s stock valued at $3,952,000 after purchasing an additional 20,777 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in VanEck BDC Income ETF by 88.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 207,488 shares of the company’s stock worth $3,451,000 after purchasing an additional 97,477 shares during the last quarter.

VanEck BDC Income ETF Trading Up 0.8 %

NYSEARCA BIZD opened at $17.38 on Thursday. The firm has a market capitalization of $1.13 billion, a PE ratio of 18.42 and a beta of 0.58. The business’s 50-day moving average price is $16.92 and its two-hundred day moving average price is $16.53. VanEck BDC Income ETF has a 12 month low of $15.18 and a 12 month high of $17.53.

VanEck BDC Income ETF 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.