Investment Partners Asset Management Inc. Increases Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Investment Partners Asset Management Inc. grew its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 104,039 shares of the company’s stock after purchasing an additional 2,817 shares during the quarter. VanEck BDC Income ETF makes up approximately 1.4% of Investment Partners Asset Management Inc.’s portfolio, making the stock its 16th biggest position. Investment Partners Asset Management Inc. owned 0.16% of VanEck BDC Income ETF worth $1,730,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in BIZD. Bleakley Financial Group LLC increased its holdings in VanEck BDC Income ETF by 2.9% during the 4th quarter. Bleakley Financial Group LLC now owns 20,941 shares of the company’s stock valued at $348,000 after purchasing an additional 587 shares during the period. MGB Wealth Management LLC grew its position in shares of VanEck BDC Income ETF by 11.0% in the 4th quarter. MGB Wealth Management LLC now owns 7,493 shares of the company’s stock worth $125,000 after buying an additional 743 shares during the last quarter. Global Retirement Partners LLC increased its stake in shares of VanEck BDC Income ETF by 3.1% during the third quarter. Global Retirement Partners LLC now owns 24,761 shares of the company’s stock valued at $410,000 after buying an additional 755 shares during the period. Beacon Financial Advisory LLC raised its holdings in shares of VanEck BDC Income ETF by 5.0% during the third quarter. Beacon Financial Advisory LLC now owns 18,437 shares of the company’s stock valued at $305,000 after acquiring an additional 883 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in VanEck BDC Income ETF by 0.5% in the third quarter. Arkadios Wealth Advisors now owns 181,373 shares of the company’s stock worth $3,004,000 after acquiring an additional 968 shares during the period.

VanEck BDC Income ETF Trading Up 0.8 %

Shares of VanEck BDC Income ETF stock opened at $17.38 on Thursday. VanEck BDC Income ETF has a 12-month low of $15.18 and a 12-month high of $17.53. The company has a market cap of $1.13 billion, a P/E ratio of 18.42 and a beta of 0.58. The company’s fifty day simple moving average is $16.92 and its two-hundred day simple moving average is $16.53.

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.