Barings LLC Has $1.43 Million Stake in VanEck BDC Income ETF $BIZD

Barings LLC lowered its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 59.5% in the third quarter, Holdings Channel reports. The fund owned 95,622 shares of the company’s stock after selling 140,661 shares during the quarter. Barings LLC’s holdings in VanEck BDC Income ETF were worth $1,429,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its position in VanEck BDC Income ETF by 62.6% during the 2nd quarter. Bank of America Corp DE now owns 5,295,265 shares of the company’s stock worth $86,207,000 after purchasing an additional 2,038,234 shares in the last quarter. Generali Asset Management SPA SGR acquired a new position in shares of VanEck BDC Income ETF during the third quarter worth $32,868,000. Mission Hills Financial Advisory LLC lifted its stake in shares of VanEck BDC Income ETF by 12.3% in the 3rd quarter. Mission Hills Financial Advisory LLC now owns 1,122,164 shares of the company’s stock valued at $16,765,000 after acquiring an additional 122,931 shares during the last quarter. Touchstone Capital Inc. acquired a new stake in shares of VanEck BDC Income ETF during the 3rd quarter valued at $15,495,000. Finally, Condor Capital Management grew its position in VanEck BDC Income ETF by 2.5% during the 3rd quarter. Condor Capital Management now owns 851,982 shares of the company’s stock worth $12,729,000 after acquiring an additional 21,038 shares during the last quarter.

VanEck BDC Income ETF Stock Down 0.3%

Shares of BIZD opened at $13.16 on Friday. The stock has a market cap of $1.49 billion, a PE ratio of 11.32 and a beta of 0.82. VanEck BDC Income ETF has a 12-month low of $12.93 and a 12-month high of $17.83. The business has a 50-day simple moving average of $14.09 and a two-hundred day simple moving average of $14.65.

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.