MGO One Seven LLC increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report) by 330.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,507 shares of the company’s stock after purchasing an additional 78,705 shares during the quarter. MGO One Seven LLC’s holdings in VanEck BDC Income ETF were worth $1,705,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new stake in shares of VanEck BDC Income ETF during the fourth quarter worth $30,000. Jones Financial Companies Lllp bought a new stake in VanEck BDC Income ETF during the 4th quarter worth about $31,000. AlphaMark Advisors LLC increased its position in VanEck BDC Income ETF by 229.5% in the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after acquiring an additional 1,515 shares in the last quarter. Hollencrest Capital Management acquired a new stake in VanEck BDC Income ETF in the 4th quarter valued at about $50,000. Finally, Sugar Maple Asset Management LLC bought a new position in shares of VanEck BDC Income ETF in the fourth quarter worth about $57,000.
VanEck BDC Income ETF Price Performance
BIZD opened at $15.44 on Friday. The stock has a market capitalization of $1.37 billion, a P/E ratio of 9.04 and a beta of 0.85. The company’s 50 day simple moving average is $16.23 and its 200-day simple moving average is $16.56. VanEck BDC Income ETF has a one year low of $13.50 and a one year high of $17.86.
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.
Read More
- Five stocks we like better than VanEck BDC Income ETF
- A Deeper Look at Bid-Ask Spreads
- 2 Strong Utilities Plays With Booming Earnings and Room to Grow
- Most active stocks: Dollar volume vs share volume
- Why Smart Investors Don’t Panic in Election Season
- ESG Stocks, What Investors Should Know
- Now Is the Time to Buy ServiceNow—The Rebound Is Real
Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck BDC Income ETF (NYSEARCA:BIZD – Free Report).
Receive News & Ratings for VanEck BDC Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck BDC Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
