VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Purchased by Barings LLC

Barings LLC increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 18.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 236,283 shares of the company’s stock after acquiring an additional 37,219 shares during the quarter. Barings LLC owned approximately 0.37% of VanEck BDC Income ETF worth $3,929,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new stake in VanEck BDC Income ETF during the fourth quarter worth approximately $30,000. Jones Financial Companies Lllp purchased a new position in VanEck BDC Income ETF during the fourth quarter worth approximately $31,000. AlphaMark Advisors LLC raised its stake in VanEck BDC Income ETF by 229.5% during the fourth quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock worth $36,000 after purchasing an additional 1,515 shares during the period. Sugar Maple Asset Management LLC purchased a new position in VanEck BDC Income ETF during the fourth quarter worth approximately $57,000. Finally, Centricity Wealth Management LLC purchased a new position in VanEck BDC Income ETF during the fourth quarter worth approximately $102,000.

VanEck BDC Income ETF Stock Up 2.3 %

NYSEARCA:BIZD opened at $17.12 on Friday. The company has a market cap of $1.52 billion, a P/E ratio of 10.16 and a beta of 1.11. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.86. The firm’s 50 day moving average is $17.15 and its two-hundred day moving average is $16.70.

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.