Ranch Capital Advisors Inc. Grows Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Ranch Capital Advisors Inc. grew its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,588 shares of the company’s stock after buying an additional 4,030 shares during the quarter. Ranch Capital Advisors Inc. owned 0.08% of VanEck BDC Income ETF worth $908,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Cullen Frost Bankers Inc. acquired a new position in shares of VanEck BDC Income ETF during the fourth quarter worth $30,000. Jones Financial Companies Lllp acquired a new position in shares of VanEck BDC Income ETF during the fourth quarter worth $31,000. AlphaMark Advisors LLC lifted its position in shares of 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 in the last quarter. Sugar Maple Asset Management LLC acquired a new position in shares of VanEck BDC Income ETF during the fourth quarter worth $57,000. Finally, Centricity Wealth Management LLC acquired a new position in shares of VanEck BDC Income ETF during the fourth quarter worth $102,000.

VanEck BDC Income ETF Price Performance

BIZD opened at $17.12 on Monday. The stock has a market capitalization of $1.52 billion, a PE ratio of 10.16 and a beta of 1.11. The firm’s fifty day moving average price is $17.15 and its 200 day moving average price is $16.70. VanEck BDC Income ETF has a 12-month low of $15.18 and a 12-month high of $17.86.

VanEck BDC Income ETF 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.