VanEck BDC Income ETF $BIZD Shares Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC raised its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 3,239.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 134,980 shares of the company’s stock after buying an additional 130,938 shares during the period. Sound Income Strategies LLC’s holdings in VanEck BDC Income ETF were worth $1,961,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of BIZD. Generali Asset Management SPA SGR acquired a new stake in VanEck BDC Income ETF during the 3rd quarter valued at approximately $32,868,000. Bank of America Corp DE grew its position in shares of VanEck BDC Income ETF by 62.6% in the 2nd quarter. Bank of America Corp DE now owns 5,295,265 shares of the company’s stock worth $86,207,000 after acquiring an additional 2,038,234 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of VanEck BDC Income ETF in the 3rd quarter worth approximately $15,845,000. Touchstone Capital Inc. acquired a new position in shares of VanEck BDC Income ETF in the 3rd quarter worth approximately $15,495,000. Finally, Orion Porfolio Solutions LLC grew its position in shares of VanEck BDC Income ETF by 546.6% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 635,803 shares of the company’s stock worth $10,351,000 after acquiring an additional 537,476 shares in the last quarter.

VanEck BDC Income ETF Trading Down 1.0%

Shares of BIZD opened at $12.40 on Wednesday. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of 11.32 and a beta of 0.75. The stock has a 50 day moving average of $13.05 and a 200-day moving average of $13.92. VanEck BDC Income ETF has a 52 week low of $11.97 and a 52 week high of $16.95.

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.