Arkadios Wealth Advisors Has $3.58 Million Stake in VanEck BDC Income ETF $BIZD

Arkadios Wealth Advisors raised its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 11.9% during the second quarter, according to its most recent filing with the SEC. The firm owned 220,148 shares of the company’s stock after purchasing an additional 23,491 shares during the period. Arkadios Wealth Advisors owned 0.25% of VanEck BDC Income ETF worth $3,584,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bleakley Financial Group LLC lifted its position in shares of VanEck BDC Income ETF by 2.8% in the 2nd quarter. Bleakley Financial Group LLC now owns 23,898 shares of the company’s stock worth $389,000 after purchasing an additional 654 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of VanEck BDC Income ETF by 4.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 16,250 shares of the company’s stock worth $272,000 after purchasing an additional 674 shares during the period. Larson Financial Group LLC lifted its position in shares of VanEck BDC Income ETF by 5.3% in the 1st quarter. Larson Financial Group LLC now owns 17,073 shares of the company’s stock worth $286,000 after purchasing an additional 857 shares during the period. Maridea Wealth Management LLC lifted its position in shares of VanEck BDC Income ETF by 4.4% in the 2nd quarter. Maridea Wealth Management LLC now owns 29,967 shares of the company’s stock worth $488,000 after purchasing an additional 1,272 shares during the period. Finally, Silver Oak Securities Incorporated lifted its position in shares of VanEck BDC Income ETF by 8.0% in the 1st quarter. Silver Oak Securities Incorporated now owns 18,315 shares of the company’s stock worth $309,000 after purchasing an additional 1,356 shares during the period.

VanEck BDC Income ETF Stock Performance

Shares of NYSEARCA BIZD opened at $14.41 on Thursday. The company has a market capitalization of $1.57 billion, a P/E ratio of 11.32 and a beta of 0.82. VanEck BDC Income ETF has a 52-week low of $13.44 and a 52-week high of $17.86. The company’s 50 day moving average price is $15.05 and its 200-day moving average price is $15.63.

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.