Sugar Maple Asset Management LLC Acquires New Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Sugar Maple Asset Management LLC acquired a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 3,448 shares of the company’s stock, valued at approximately $57,000.

A number of other hedge funds have also made changes to their positions in the stock. Ballentine Partners LLC acquired a new position in VanEck BDC Income ETF in the fourth quarter worth approximately $269,000. Mission Hills Financial Advisory LLC grew its position in VanEck BDC Income ETF by 9.8% in the fourth quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock worth $13,389,000 after buying an additional 71,942 shares during the last quarter. IAM Advisory LLC acquired a new position in VanEck BDC Income ETF in the fourth quarter worth approximately $425,000. HB Wealth Management LLC grew its position in VanEck BDC Income ETF by 51.4% during the 4th quarter. HB Wealth Management LLC now owns 24,989 shares of the company’s stock worth $416,000 after purchasing an additional 8,480 shares in the last quarter. Finally, Sax Wealth Advisors LLC grew its position in VanEck BDC Income ETF by 3.6% during the 4th quarter. Sax Wealth Advisors LLC now owns 62,814 shares of the company’s stock worth $1,045,000 after purchasing an additional 2,168 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

NYSEARCA BIZD opened at $17.06 on Tuesday. VanEck BDC Income ETF has a twelve month low of $15.18 and a twelve month high of $17.43. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The firm’s 50 day moving average price is $16.68 and its two-hundred day moving average price is $16.47.

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.