Avantax Advisory Services Inc. Has $1.81 Million Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Avantax Advisory Services Inc. increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 12.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,921 shares of the company’s stock after buying an additional 12,394 shares during the quarter. Avantax Advisory Services Inc.’s holdings in VanEck BDC Income ETF were worth $1,811,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BIZD. Cullen Frost Bankers Inc. bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $30,000. Jones Financial Companies Lllp acquired a new position in shares of VanEck BDC Income ETF in the fourth quarter valued at $31,000. AlphaMark Advisors LLC lifted its position in VanEck BDC Income ETF by 229.5% in the fourth quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock worth $36,000 after purchasing an additional 1,515 shares during the period. Hollencrest Capital Management acquired a new stake in VanEck BDC Income ETF during the fourth quarter worth $50,000. Finally, Sugar Maple Asset Management LLC bought a new stake in VanEck BDC Income ETF in the 4th quarter valued at $57,000.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $16.62 on Tuesday. The firm has a fifty day moving average of $17.14 and a 200-day moving average of $16.71. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 9.76 and a beta of 1.10. VanEck BDC Income ETF has a 52-week low of $15.18 and a 52-week high of $17.86.

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.