VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Sold by Andina Capital Management LLC

Andina Capital Management LLC reduced its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 19.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,528 shares of the company’s stock after selling 6,936 shares during the period. Andina Capital Management LLC’s holdings in VanEck BDC Income ETF were worth $491,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BIZD. Millennium Management LLC lifted its stake in shares of 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 worth $21,232,000 after buying an additional 385,244 shares during the period. Envestnet Asset Management Inc. lifted its position in VanEck BDC Income ETF by 130.2% during the second quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock valued at $4,024,000 after purchasing an additional 133,044 shares during the period. NewEdge Advisors LLC lifted its position in VanEck BDC Income ETF by 53.5% during the second quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock valued at $6,522,000 after purchasing an additional 132,890 shares during the period. Raymond James & Associates lifted its position in VanEck BDC Income ETF by 206.1% during the third quarter. Raymond James & Associates now owns 166,398 shares of the company’s stock valued at $2,756,000 after purchasing an additional 112,039 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in VanEck BDC Income ETF during the second quarter valued at $1,837,000.

VanEck BDC Income ETF Price Performance

NYSEARCA BIZD opened at $17.26 on Friday. The company has a market capitalization of $1.12 billion, a PE ratio of 18.42 and a beta of 0.58. The company has a fifty day moving average of $16.77 and a 200 day moving average of $16.49. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.43.

About VanEck BDC Income ETF

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.