Apeiron RIA LLC Cuts Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Apeiron RIA LLC cut its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 17.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 18,754 shares of the company’s stock after selling 3,948 shares during the period. Apeiron RIA LLC’s holdings in VanEck BDC Income ETF were worth $312,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Mattson Financial Services LLC purchased a new stake in shares of VanEck BDC Income ETF during the second quarter worth about $46,000. Sugar Maple Asset Management LLC purchased a new stake in VanEck BDC Income ETF during the 4th quarter valued at approximately $57,000. Sound Income Strategies LLC raised its position in shares of VanEck BDC Income ETF by 12.9% during the third quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after buying an additional 947 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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. Finally, Truist Financial Corp purchased a new position in shares of VanEck BDC Income ETF in the second quarter worth $248,000.

VanEck BDC Income ETF Stock Performance

BIZD opened at $17.20 on Friday. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The company has a fifty day moving average of $16.73 and a 200 day moving average of $16.48. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week 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.