Beacon Financial Advisory LLC Raises Stake in VanEck BDC Income ETF $BIZD

Beacon Financial Advisory LLC boosted its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 18.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,320 shares of the company’s stock after acquiring an additional 3,877 shares during the period. Beacon Financial Advisory LLC’s holdings in VanEck BDC Income ETF were worth $412,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BIZD. Kestra Advisory Services LLC grew its stake in shares of VanEck BDC Income ETF by 790.2% during the first quarter. Kestra Advisory Services LLC now owns 471,298 shares of the company’s stock worth $7,899,000 after purchasing an additional 418,356 shares in the last quarter. LPL Financial LLC boosted its position in shares of VanEck BDC Income ETF by 13.1% during the 1st quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock worth $46,891,000 after acquiring an additional 324,618 shares in the last quarter. TrueMark Investments LLC boosted its position in shares of VanEck BDC Income ETF by 1,108.7% during the 1st quarter. TrueMark Investments LLC now owns 224,919 shares of the company’s stock worth $3,770,000 after acquiring an additional 206,310 shares in the last quarter. Nan Fung Trinity HK Ltd. increased its holdings in shares of VanEck BDC Income ETF by 40.1% in the 1st quarter. Nan Fung Trinity HK Ltd. now owns 474,800 shares of the company’s stock valued at $7,958,000 after acquiring an additional 135,800 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of VanEck BDC Income ETF during the 1st quarter worth about $2,218,000.

VanEck BDC Income ETF Stock Down 1.0%

BIZD stock opened at $14.39 on Monday. The business has a 50 day moving average price of $15.73 and a 200 day moving average price of $15.83. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 11.32 and a beta of 1.21. VanEck BDC Income ETF has a fifty-two week low of $13.50 and a fifty-two week high of $17.86.

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.