Arkadios Wealth Advisors Boosts Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Arkadios Wealth Advisors raised its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 0.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 181,373 shares of the company’s stock after buying an additional 968 shares during the period. Arkadios Wealth Advisors owned about 0.28% of VanEck BDC Income ETF worth $3,004,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Truist Financial Corp acquired a new position in VanEck BDC Income ETF in the second quarter valued at approximately $248,000. Envestnet Asset Management Inc. grew its position in VanEck BDC Income ETF by 130.2% during the second quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after buying an additional 133,044 shares during the period. SG Americas Securities LLC increased its holdings in VanEck BDC Income ETF by 29.3% in the first quarter. SG Americas Securities LLC now owns 31,052 shares of the company’s stock valued at $525,000 after buying an additional 7,044 shares in the last quarter. GSA Capital Partners LLP raised its position in shares of VanEck BDC Income ETF by 28.1% in the first quarter. GSA Capital Partners LLP now owns 53,140 shares of the company’s stock worth $898,000 after acquiring an additional 11,651 shares during the period. Finally, Condor Capital Management raised its position in shares of VanEck BDC Income ETF by 7.7% in the second quarter. Condor Capital Management now owns 978,936 shares of the company’s stock worth $16,750,000 after acquiring an additional 70,045 shares during the period.

VanEck BDC Income ETF Stock Down 0.2 %

Shares of NYSEARCA:BIZD traded down $0.04 during trading on Friday, reaching $16.48. 717,806 shares of the company’s stock traded hands, compared to its average volume of 614,344. VanEck BDC Income ETF has a fifty-two week low of $14.60 and a fifty-two week high of $17.43. The company has a 50-day simple moving average of $16.32 and a 200-day simple moving average of $16.60. The firm has a market cap of $1.07 billion, a PE ratio of 18.42 and a beta of 0.58.

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.