Hilltop Holdings Inc. Sells 460,790 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Hilltop Holdings Inc. trimmed its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 94.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,632 shares of the company’s stock after selling 460,790 shares during the quarter. Hilltop Holdings Inc.’s holdings in VanEck BDC Income ETF were worth $424,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC increased its stake in shares of VanEck BDC Income ETF by 45.0% in the 2nd quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock valued at $21,232,000 after purchasing an additional 385,244 shares during the last quarter. Condor Capital Management grew its position in VanEck BDC Income ETF by 7.7% in the second quarter. Condor Capital Management now owns 978,936 shares of the company’s stock valued at $16,750,000 after acquiring an additional 70,045 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in VanEck BDC Income ETF by 7.5% during the second quarter. Commonwealth Equity Services LLC now owns 386,630 shares of the company’s stock worth $6,615,000 after acquiring an additional 26,915 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of VanEck BDC Income ETF by 53.5% in the second quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock worth $6,522,000 after acquiring an additional 132,890 shares during the last quarter. Finally, Gradient Investments LLC boosted its stake in shares of VanEck BDC Income ETF by 18.1% in the 2nd quarter. Gradient Investments LLC now owns 348,154 shares of the company’s stock valued at $5,957,000 after purchasing an additional 53,384 shares in the last quarter.

VanEck BDC Income ETF Trading Up 0.4 %

Shares of VanEck BDC Income ETF stock opened at $16.88 on Friday. The firm has a market capitalization of $1.09 billion, a PE ratio of 18.42 and a beta of 0.58. The firm’s 50 day moving average is $16.42 and its 200 day moving average is $16.56. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.43.

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.