Sound Income Strategies LLC Reduces Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Sound Income Strategies LLC trimmed its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 20.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,535 shares of the company’s stock after selling 1,726 shares during the quarter. Sound Income Strategies LLC’s holdings in VanEck BDC Income ETF were worth $109,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of BIZD. Janney Montgomery Scott LLC increased its stake in shares of VanEck BDC Income ETF by 88.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 207,488 shares of the company’s stock worth $3,451,000 after purchasing an additional 97,477 shares in the last quarter. Sugar Maple Asset Management LLC acquired a new stake in VanEck BDC Income ETF during the 4th quarter valued at $57,000. Ballentine Partners LLC purchased a new position in VanEck BDC Income ETF during the fourth quarter worth $269,000. Mission Hills Financial Advisory LLC raised its holdings in shares of VanEck BDC Income ETF by 9.8% in the fourth quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock worth $13,389,000 after acquiring an additional 71,942 shares during the last quarter. Finally, IAM Advisory LLC purchased a new stake in shares of VanEck BDC Income ETF in the fourth quarter valued at $425,000.

VanEck BDC Income ETF Stock Up 0.3 %

BIZD opened at $17.26 on Friday. The firm has a market cap of $1.12 billion, a P/E ratio of 18.42 and a beta of 0.58. The business’s fifty day simple moving average is $16.77 and its 200 day simple moving average is $16.49. VanEck BDC Income ETF has a 52 week low of $15.18 and a 52 week high of $17.43.

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.