Gibbs Wealth Management grew its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 95.0% during the 1st quarter, Holdings Channel reports. The firm owned 133,606 shares of the company’s stock after purchasing an additional 65,100 shares during the period. Gibbs Wealth Management’s holdings in VanEck BDC Income ETF were worth $1,710,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new position in VanEck BDC Income ETF during the second quarter worth about $25,000. Motiv8 Investments LLC acquired a new stake in VanEck BDC Income ETF in the 4th quarter valued at about $25,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of VanEck BDC Income ETF during the 4th quarter valued at about $26,000. Group One Trading LLC grew its stake in shares of VanEck BDC Income ETF by 402.5% in the 2nd quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock worth $33,000 after purchasing an additional 1,610 shares during the last quarter. Finally, Quantum Portfolio Management LLC acquired a new position in shares of VanEck BDC Income ETF in the 1st quarter worth approximately $42,000.
VanEck BDC Income ETF Price Performance
BIZD stock opened at $12.30 on Friday. The firm has a market cap of $1.58 billion, a PE ratio of 11.32 and a beta of 0.64. VanEck BDC Income ETF has a 12 month low of $11.97 and a 12 month high of $16.78. The firm has a 50 day simple moving average of $12.51 and a 200 day simple moving average of $12.98.
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.
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Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report).
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