VanEck BDC Income ETF Target of Unusually High Options Trading (NYSEARCA:BIZD)

VanEck BDC Income ETF (NYSEARCA:BIZD) was the recipient of some unusual options trading activity on Thursday. Stock investors purchased 12,871 put options on the stock. This represents an increase of 771% compared to the average volume of 1,478 put options.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BIZD. Silver Oak Securities Incorporated boosted its holdings in shares of VanEck BDC Income ETF by 4.0% in the 4th quarter. Silver Oak Securities Incorporated now owns 18,575 shares of the company’s stock valued at $263,000 after buying an additional 721 shares during the last quarter. D.A. Davidson & CO. raised its position in VanEck BDC Income ETF by 3.3% during the fourth quarter. D.A. Davidson & CO. now owns 24,891 shares of the company’s stock worth $353,000 after acquiring an additional 806 shares in the last quarter. IAM Advisory LLC raised its position in VanEck BDC Income ETF by 4.5% during the fourth quarter. IAM Advisory LLC now owns 18,965 shares of the company’s stock worth $269,000 after acquiring an additional 812 shares in the last quarter. Measured Risk Portfolios Inc. lifted its stake in VanEck BDC Income ETF by 0.6% in the third quarter. Measured Risk Portfolios Inc. now owns 142,179 shares of the company’s stock valued at $2,124,000 after acquiring an additional 856 shares during the last quarter. Finally, Guidance Capital Inc. grew its position 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 valued at $1,346,000 after acquiring an additional 1,158 shares during the period.

VanEck BDC Income ETF Trading Up 1.5%

Shares of VanEck BDC Income ETF stock traded up $0.18 during trading hours on Thursday, reaching $12.29. 2,356,848 shares of the company’s stock were exchanged, compared to its average volume of 3,651,614. The stock has a market cap of $1.39 billion, a P/E ratio of 11.32 and a beta of 0.82. The company has a 50 day moving average of $13.20 and a two-hundred day moving average of $14.02. VanEck BDC Income ETF has a fifty-two week low of $11.97 and a fifty-two 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.