Commonwealth Equity Services LLC Sells 76,495 Shares of VanEck BDC Income ETF $BIZD

Commonwealth Equity Services LLC lowered its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 21.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 281,555 shares of the company’s stock after selling 76,495 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck BDC Income ETF were worth $3,992,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the business. Silver Oak Securities Incorporated lifted its position in VanEck BDC Income ETF by 4.0% during the fourth quarter. Silver Oak Securities Incorporated now owns 18,575 shares of the company’s stock valued at $263,000 after purchasing an additional 721 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of VanEck BDC Income ETF by 3.3% in the 4th quarter. D.A. Davidson & CO. now owns 24,891 shares of the company’s stock worth $353,000 after acquiring an additional 806 shares during the last quarter. IAM Advisory LLC lifted its holdings in shares of VanEck BDC Income ETF by 4.5% in the 4th quarter. IAM Advisory LLC now owns 18,965 shares of the company’s stock worth $269,000 after acquiring an additional 812 shares during the last quarter. Guidance Capital Inc. lifted its holdings in shares of VanEck BDC Income ETF by 1.3% in the 4th quarter. Guidance Capital Inc. now owns 92,810 shares of the company’s stock worth $1,346,000 after acquiring an additional 1,158 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of VanEck BDC Income ETF by 0.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 409,033 shares of the company’s stock worth $6,111,000 after acquiring an additional 1,230 shares during the last quarter.

VanEck BDC Income ETF Trading Down 0.3%

VanEck BDC Income ETF stock opened at $12.45 on Tuesday. The firm has a 50-day moving average price of $12.67 and a 200-day moving average price of $13.45. The firm has a market capitalization of $1.53 billion, a PE ratio of 11.32 and a beta of 0.64. VanEck BDC Income ETF has a 12-month low of $11.97 and a 12-month high of $16.95.

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.