160,520 Shares in VanEck BDC Income ETF $BIZD Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 160,520 shares of the company’s stock, valued at approximately $2,069,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Western Wealth Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the 1st quarter worth $35,000. Quantum Portfolio Management LLC acquired a new position in shares of VanEck BDC Income ETF during the first quarter worth $42,000. EverSource Wealth Advisors LLC grew its stake in shares of VanEck BDC Income ETF by 53.8% during the first quarter. EverSource Wealth Advisors LLC now owns 5,000 shares of the company’s stock worth $64,000 after purchasing an additional 1,750 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new position in VanEck BDC Income ETF in the first quarter valued at $138,000. Finally, Axxcess Wealth Management LLC purchased a new position in VanEck BDC Income ETF in the third quarter valued at $163,000.

VanEck BDC Income ETF Price Performance

VanEck BDC Income ETF stock opened at $11.93 on Friday. VanEck BDC Income ETF has a 1-year low of $11.73 and a 1-year high of $15.12. The stock has a market cap of $1.41 billion, a PE ratio of 11.32 and a beta of 0.67. The stock’s fifty day moving average is $12.80 and its two-hundred day moving average is $12.71.

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.