VanEck BDC Income ETF $BIZD Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC reduced its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 33.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 75,031 shares of the company’s stock after selling 38,274 shares during the quarter. Sax Wealth Advisors LLC owned about 0.06% of VanEck BDC Income ETF worth $960,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BIZD. D.A. Davidson & CO. increased its stake 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 during the last quarter. Ranch Capital Advisors Inc. raised its holdings in shares of VanEck BDC Income ETF by 1.6% in the 1st quarter. Ranch Capital Advisors Inc. now owns 63,787 shares of the company’s stock worth $816,000 after purchasing an additional 990 shares during the period. World Investment Advisors lifted its stake in shares of VanEck BDC Income ETF by 2.7% in the 1st quarter. World Investment Advisors now owns 44,372 shares of the company’s stock valued at $568,000 after purchasing an additional 1,151 shares in the last quarter. Guidance Capital Inc. lifted its stake 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 purchasing an additional 1,158 shares in the last quarter. Finally, Sterling Group Wealth Management LLC grew its holdings in shares of VanEck BDC Income ETF by 5.0% during the 4th quarter. Sterling Group Wealth Management LLC now owns 26,059 shares of the company’s stock worth $370,000 after purchasing an additional 1,247 shares during the period.

VanEck BDC Income ETF Stock Performance

BIZD opened at $13.41 on Monday. The firm has a 50 day moving average price of $12.55 and a 200 day moving average price of $12.85. The company has a market cap of $1.70 billion, a PE 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.

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.