Measured Risk Portfolios Inc. bought a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm bought 188,011 shares of the company’s stock, valued at approximately $2,423,000. VanEck BDC Income ETF makes up 2.2% of Measured Risk Portfolios Inc.’s portfolio, making the stock its 10th largest position.
Several other hedge funds have also modified their holdings of BIZD. Bank of America Corp DE lifted its position in VanEck BDC Income ETF by 30.8% during the 1st quarter. Bank of America Corp DE now owns 7,624,033 shares of the company’s stock worth $97,588,000 after acquiring an additional 1,794,136 shares in the last quarter. Quantum Portfolio Management LLC purchased a new position in VanEck BDC Income ETF in the 1st quarter worth approximately $42,000. Cambridge Associates LLC MA ADV boosted its holdings in VanEck BDC Income ETF by 38.7% in the 1st quarter. Cambridge Associates LLC MA ADV now owns 2,424,628 shares of the company’s stock worth $31,035,000 after acquiring an additional 676,672 shares during the period. Independent Financial Group LLC purchased a new position in VanEck BDC Income ETF in the 1st quarter worth approximately $13,576,000. Finally, Market Street Wealth Management Advisors LLC acquired a new stake in VanEck BDC Income ETF in the third quarter valued at approximately $7,790,000.
VanEck BDC Income ETF Stock Down 0.3%
Shares of NYSEARCA:BIZD opened at $11.79 on Thursday. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 11.32 and a beta of 0.67. The company has a 50 day moving average of $12.86 and a two-hundred day moving average of $12.72. VanEck BDC Income ETF has a 52-week low of $11.73 and a 52-week high of $15.12.
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.
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Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report).
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