VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Acquired by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC increased its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 26.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 340,545 shares of the company’s stock after buying an additional 71,401 shares during the quarter. Foundations Investment Advisors LLC owned about 0.53% of VanEck BDC Income ETF worth $5,663,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. AlphaMark Advisors LLC raised its stake 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 during the last quarter. Mattson Financial Services LLC acquired a new position in shares of VanEck BDC Income ETF during the second quarter worth about $46,000. Sugar Maple Asset Management LLC acquired a new position in VanEck BDC Income ETF during the 4th quarter worth approximately $57,000. Sound Income Strategies LLC boosted its stake in shares of VanEck BDC Income ETF by 12.9% in the third quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after buying an additional 947 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in VanEck BDC Income ETF by 31.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock worth $172,000 after acquiring an additional 2,396 shares during the period.

VanEck BDC Income ETF Stock Performance

VanEck BDC Income ETF stock opened at $17.26 on Tuesday. VanEck BDC Income ETF has a one year low of $15.18 and a one year high of $17.43. The company has a market cap of $1.12 billion, a P/E ratio of 18.42 and a beta of 0.58. The business has a fifty day moving average of $16.77 and a two-hundred day moving average of $16.48.

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.