Paller Financial Services Inc Purchases Shares of 130,672 VanEck BDC Income ETF $BIZD

Paller Financial Services Inc purchased a new position in VanEck BDC Income ETF (NYSEARCA:BIZD) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 130,672 shares of the company’s stock, valued at approximately $1,654,000. Paller Financial Services Inc owned approximately 0.10% of VanEck BDC Income ETF as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of BIZD. Royal Bank of Canada increased its holdings in shares of VanEck BDC Income ETF by 19.1% in the first quarter. Royal Bank of Canada now owns 466,339 shares of the company’s stock worth $7,816,000 after purchasing an additional 74,858 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in VanEck BDC Income ETF by 297.3% during the first quarter. Goldman Sachs Group Inc. now owns 51,427 shares of the company’s stock valued at $862,000 after buying an additional 38,483 shares during the last quarter. Russell Investments Group Ltd. bought a new position in VanEck BDC Income ETF during the second quarter valued at approximately $25,000. NewEdge Advisors LLC grew its holdings in VanEck BDC Income ETF by 104.2% during the 2nd quarter. NewEdge Advisors LLC now owns 380,160 shares of the company’s stock valued at $6,189,000 after buying an additional 193,958 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in VanEck BDC Income ETF by 1.8% during the 2nd quarter. Raymond James Financial Inc. now owns 422,682 shares of the company’s stock valued at $6,881,000 after buying an additional 7,666 shares in the last quarter.

VanEck BDC Income ETF Price Performance

NYSEARCA:BIZD opened at $12.72 on Thursday. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 11.32 and a beta of 0.64. VanEck BDC Income ETF has a 1 year low of $11.97 and a 1 year high of $16.15. The stock’s 50 day simple moving average is $12.52 and its two-hundred day simple moving average is $12.87.

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.