Tocqueville Asset Management L.P. Sells 4,476 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Tocqueville Asset Management L.P. lessened its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 179,163 shares of the company’s stock after selling 4,476 shares during the period. Tocqueville Asset Management L.P. owned 0.28% of VanEck BDC Income ETF worth $2,979,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Cullen Frost Bankers Inc. bought a new stake in shares of VanEck BDC Income ETF during the 4th quarter valued at about $30,000. Jones Financial Companies Lllp bought a new position in shares of VanEck BDC Income ETF during the 4th quarter worth approximately $31,000. AlphaMark Advisors LLC grew its position in shares of VanEck BDC Income ETF by 229.5% during the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock worth $36,000 after buying an additional 1,515 shares during the period. Hollencrest Capital Management bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter valued at $50,000. Finally, Sugar Maple Asset Management LLC acquired a new position in shares of VanEck BDC Income ETF during the 4th quarter valued at $57,000.

VanEck BDC Income ETF Price Performance

BIZD stock opened at $16.74 on Wednesday. The company’s 50-day moving average is $17.14 and its 200-day moving average is $16.71. The stock has a market capitalization of $1.48 billion, a PE ratio of 9.76 and a beta of 1.10. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.86.

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.