Hilltop Holdings Inc. Boosts Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Hilltop Holdings Inc. raised its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 37.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 706,069 shares of the company’s stock after purchasing an additional 193,888 shares during the quarter. VanEck BDC Income ETF makes up 1.3% of Hilltop Holdings Inc.’s holdings, making the stock its 7th biggest position. Hilltop Holdings Inc.’s holdings in VanEck BDC Income ETF were worth $11,325,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. International Assets Investment Management LLC grew its holdings in VanEck BDC Income ETF by 545.1% in the 4th quarter. International Assets Investment Management LLC now owns 1,306,120 shares of the company’s stock valued at $20,950,000 after buying an additional 1,103,647 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of VanEck BDC Income ETF in the fourth quarter valued at about $1,776,000. Orion Portfolio Solutions LLC acquired a new position in shares of VanEck BDC Income ETF in the fourth quarter valued at about $1,807,000. Investment Partners Asset Management Inc. bought a new position in VanEck BDC Income ETF during the fourth quarter worth about $1,661,000. Finally, Wells Fargo & Company MN raised its stake in VanEck BDC Income ETF by 13.0% in the 4th quarter. Wells Fargo & Company MN now owns 896,986 shares of the company’s stock worth $14,388,000 after purchasing an additional 103,466 shares in the last quarter.

VanEck BDC Income ETF Trading Up 0.9 %

NYSEARCA BIZD traded up $0.16 during trading on Friday, reaching $17.04. The company’s stock had a trading volume of 365,108 shares, compared to its average volume of 629,518. VanEck BDC Income ETF has a 12 month low of $14.47 and a 12 month high of $17.20. The firm has a 50 day moving average price of $16.65 and a 200 day moving average price of $16.35. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58.

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.