Next Capital Management LLC Purchases New Shares in VanEck BDC Income ETF $BIZD

Next Capital Management LLC bought a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 46,000 shares of the company’s stock, valued at approximately $652,000.

A number of other hedge funds have also recently modified their holdings of BIZD. Russell Investments Group Ltd. bought a new stake in shares of VanEck BDC Income ETF during the 2nd quarter valued at $25,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of VanEck BDC Income ETF during the 4th quarter valued at $26,000. Ameriflex Group Inc. bought a new stake in shares of VanEck BDC Income ETF during the 3rd quarter valued at $32,000. Group One Trading LLC boosted its holdings in shares of VanEck BDC Income ETF by 402.5% during the 2nd quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock valued at $33,000 after buying an additional 1,610 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in shares of VanEck BDC Income ETF during the 3rd quarter valued at $49,000.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $12.49 on Monday. VanEck BDC Income ETF has a 12 month low of $11.97 and a 12 month high of $16.95. The stock has a market cap of $1.54 billion, a PE ratio of 11.32 and a beta of 0.64. The company’s fifty day moving average price is $12.67 and its 200-day moving average price is $13.46.

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.