Mission Hills Financial Advisory LLC Has $13.39 Million Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Mission Hills Financial Advisory LLC lifted its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 9.8% during the fourth quarter, Holdings Channel reports. The firm owned 805,097 shares of the company’s stock after purchasing an additional 71,942 shares during the quarter. VanEck BDC Income ETF makes up approximately 10.4% of Mission Hills Financial Advisory LLC’s portfolio, making the stock its largest holding. Mission Hills Financial Advisory LLC’s holdings in VanEck BDC Income ETF were worth $13,389,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of BIZD. Envestnet Asset Management Inc. lifted its position in shares of VanEck BDC Income ETF by 130.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after acquiring an additional 133,044 shares in the last quarter. Bridges Investment Management Inc. boosted its position in shares of VanEck BDC Income ETF by 18.5% in the second quarter. Bridges Investment Management Inc. now owns 78,587 shares of the company’s stock worth $1,345,000 after buying an additional 12,277 shares during the period. Delta Investment Management LLC grew its holdings in shares of VanEck BDC Income ETF by 92.8% during the second quarter. Delta Investment Management LLC now owns 80,821 shares of the company’s stock valued at $1,383,000 after buying an additional 38,903 shares in the last quarter. Millennium Management LLC raised its position in VanEck BDC Income ETF by 45.0% during the second quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock valued at $21,232,000 after buying an additional 385,244 shares during the period. Finally, NewEdge Advisors LLC lifted its stake in VanEck BDC Income ETF by 53.5% in the 2nd 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 in the last quarter.

VanEck BDC Income ETF Trading Up 0.2 %

Shares of NYSEARCA BIZD opened at $17.06 on Friday. VanEck BDC Income ETF has a one year low of $15.18 and a one year high of $17.43. The business has a 50-day moving average price of $16.68 and a two-hundred day moving average price of $16.48. The firm has a market capitalization of $1.10 billion, a PE ratio of 18.42 and a beta of 0.58.

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.