VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Acquired by Concourse Financial Group Securities Inc.

Concourse Financial Group Securities Inc. increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,184 shares of the company’s stock after acquiring an additional 3,850 shares during the period. Concourse Financial Group Securities Inc.’s holdings in VanEck BDC Income ETF were worth $1,500,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its stake in shares of VanEck BDC Income ETF by 46.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,974,956 shares of the company’s stock worth $32,844,000 after acquiring an additional 627,364 shares in the last quarter. Haven Private LLC purchased a new position in VanEck BDC Income ETF in the 4th quarter worth about $8,859,000. Nan Fung Trinity HK Ltd. acquired a new stake in VanEck BDC Income ETF during the 4th quarter worth about $5,638,000. Raymond James Financial Inc. acquired a new position in shares of VanEck BDC Income ETF in the fourth quarter worth about $5,532,000. Finally, Denali Advisors LLC purchased a new position in shares of VanEck BDC Income ETF in the fourth quarter worth approximately $2,612,000.

VanEck BDC Income ETF Price Performance

BIZD stock opened at $15.06 on Friday. The firm has a market capitalization of $1.33 billion, a P/E ratio of 9.80 and a beta of 0.85. VanEck BDC Income ETF has a 52-week low of $13.50 and a 52-week high of $17.86. The company’s 50 day simple moving average is $16.42 and its 200-day simple moving average is $16.59.

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.