VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Sold by First PREMIER Bank

First PREMIER Bank lowered its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 17.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,356 shares of the company’s stock after selling 7,085 shares during the period. First PREMIER Bank’s holdings in VanEck BDC Income ETF were worth $555,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of BIZD. Millennium Management LLC lifted its stake in shares of VanEck BDC Income ETF by 45.0% during the second quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock valued at $21,232,000 after buying an additional 385,244 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of VanEck BDC Income ETF by 130.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock worth $4,024,000 after purchasing an additional 133,044 shares during the period. NewEdge Advisors LLC grew 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 purchasing an additional 132,890 shares during the period. Raymond James & Associates increased its stake in shares of VanEck BDC Income ETF by 206.1% during the 3rd 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 last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of VanEck BDC Income ETF in the 2nd quarter worth $1,837,000.

VanEck BDC Income ETF Stock Performance

Shares of VanEck BDC Income ETF stock opened at $17.20 on Thursday. The stock has a market capitalization of $1.11 billion, a P/E ratio of 18.42 and a beta of 0.58. The business’s fifty day moving average price is $16.71 and its 200 day moving average price is $16.48. VanEck BDC Income ETF has a twelve month low of $15.18 and a twelve month high of $17.43.

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.