Beck Bode LLC Has $1.13 Million Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Beck Bode LLC cut its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 70,585 shares of the company’s stock after selling 5,895 shares during the quarter. Beck Bode LLC’s holdings in VanEck BDC Income ETF were worth $1,132,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in BIZD. Commonwealth Equity Services LLC boosted its position in VanEck BDC Income ETF by 4.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 268,364 shares of the company’s stock valued at $4,302,000 after buying an additional 12,029 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in VanEck BDC Income ETF by 5.7% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 30,070 shares of the company’s stock valued at $482,000 after purchasing an additional 1,631 shares during the period. Financial Management Network Inc. grew its position in shares of VanEck BDC Income ETF by 18.5% during the 3rd quarter. Financial Management Network Inc. now owns 104,909 shares of the company’s stock worth $1,572,000 after buying an additional 16,384 shares during the period. Raymond James Financial Services Advisors Inc. lifted its holdings in VanEck BDC Income ETF by 10.1% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 84,042 shares of the company’s stock valued at $1,347,000 after buying an additional 7,723 shares during the period. Finally, Bridges Investment Management Inc. bought a new position in VanEck BDC Income ETF in the third quarter valued at approximately $716,000.

VanEck BDC Income ETF Price Performance

Shares of VanEck BDC Income ETF stock traded up $0.08 on Wednesday, hitting $16.73. 45,606 shares of the company’s stock traded hands, compared to its average volume of 626,657. VanEck BDC Income ETF has a one year low of $13.76 and a one year high of $16.94. The stock has a market capitalization of $1.05 billion, a PE ratio of 17.70 and a beta of 0.63. The firm’s 50-day moving average price is $16.43 and its two-hundred day moving average price is $16.12.

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.