VanEck BDC Income ETF (NYSEARCA:BIZD) Shares Sold by Wambolt & Associates LLC

Wambolt & Associates LLC trimmed its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,826 shares of the company’s stock after selling 1,531 shares during the quarter. Wambolt & Associates LLC’s holdings in VanEck BDC Income ETF were worth $579,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in BIZD. Congress Wealth Management LLC DE purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth approximately $386,000. LPL Financial LLC lifted its position in VanEck BDC Income ETF by 3.2% in the fourth quarter. LPL Financial LLC now owns 2,473,204 shares of the company’s stock valued at $41,129,000 after acquiring an additional 76,195 shares during the last quarter. Samalin Investment Counsel LLC boosted its stake in VanEck BDC Income ETF by 12.2% in the fourth quarter. Samalin Investment Counsel LLC now owns 141,323 shares of the company’s stock valued at $2,350,000 after acquiring an additional 15,322 shares in the last quarter. Condor Capital Management grew its holdings in shares of VanEck BDC Income ETF by 1.6% during the fourth quarter. Condor Capital Management now owns 1,006,325 shares of the company’s stock worth $16,735,000 after purchasing an additional 15,501 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in shares of VanEck BDC Income ETF by 81.6% during the fourth quarter. Harbour Investments Inc. now owns 46,466 shares of the company’s stock worth $773,000 after purchasing an additional 20,873 shares in the last quarter.

VanEck BDC Income ETF Stock Up 1.5 %

Shares of NYSEARCA BIZD opened at $16.96 on Tuesday. The stock has a market cap of $1.50 billion, a PE ratio of 9.76 and a beta of 1.10. VanEck BDC Income ETF has a 52-week low of $15.18 and a 52-week high of $17.86. The business has a 50-day moving average price of $17.17 and a 200 day moving average price of $16.73.

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.