Graypoint LLC Raises Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Graypoint LLC increased its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 505.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 129,634 shares of the company’s stock after purchasing an additional 108,207 shares during the quarter. Graypoint LLC owned 0.20% of VanEck BDC Income ETF worth $2,156,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in BIZD. Millennium Management LLC increased its position in shares of VanEck BDC Income ETF by 45.0% in the second quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock valued at $21,232,000 after acquiring an additional 385,244 shares during the period. Envestnet Asset Management Inc. increased its position in shares of VanEck BDC Income ETF by 130.2% in the second quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after acquiring an additional 133,044 shares during the period. NewEdge Advisors LLC increased its position in shares of VanEck BDC Income ETF by 53.5% in the second quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock valued at $6,522,000 after acquiring an additional 132,890 shares during the period. Raymond James & Associates increased its position in shares of VanEck BDC Income ETF by 206.1% in the third quarter. Raymond James & Associates now owns 166,398 shares of the company’s stock valued at $2,756,000 after acquiring an additional 112,039 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in shares of VanEck BDC Income ETF during the second quarter valued at about $1,837,000.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA BIZD opened at $16.42 on Friday. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.43. The company’s 50-day moving average is $16.62 and its 200 day moving average is $16.49. The stock has a market capitalization of $1.06 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.