Perennial Investment Advisors LLC raised its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 4.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 64,710 shares of the company’s stock after acquiring an additional 2,945 shares during the period. Perennial Investment Advisors LLC’s holdings in VanEck BDC Income ETF were worth $1,107,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC purchased a new position in shares of VanEck BDC Income ETF in the 1st quarter worth $7,782,000. Proficio Capital Partners LLC purchased a new position in shares of VanEck BDC Income ETF in the 1st quarter worth about $4,547,000. Foundations Investment Advisors LLC acquired a new position in shares of VanEck BDC Income ETF in the 2nd quarter valued at about $3,999,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth about $3,643,000. Finally, Hilltop Holdings Inc. grew its holdings in shares of VanEck BDC Income ETF by 37.9% during the 4th quarter. Hilltop Holdings Inc. now owns 706,069 shares of the company’s stock worth $11,325,000 after purchasing an additional 193,888 shares during the period.
VanEck BDC Income ETF Stock Performance
NYSEARCA BIZD opened at $16.43 on Tuesday. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a one year low of $14.60 and a one year high of $17.43. The company’s 50 day moving average price is $16.36 and its 200 day moving average price is $16.61.
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.
Read More
- Five stocks we like better than VanEck BDC Income ETF
- Top Stocks Investing in 5G Technology
- Boston Scientific: Why This MedTech Giant Isn’t Slowing Down
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Silver’s Breakout: 3 Momentum Stocks You Can’t Miss
- What Are Dividend Challengers?
- Top 3 Dividend Stocks to Beat Market Volatility and Boost Returns
Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report).
Receive News & Ratings for VanEck BDC Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck BDC Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
