Napa Wealth Management Has $946,000 Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

Napa Wealth Management grew its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 43.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,123 shares of the company’s stock after buying an additional 17,349 shares during the quarter. Napa Wealth Management’s holdings in VanEck BDC Income ETF were worth $946,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Bard Associates Inc. acquired a new position in VanEck BDC Income ETF during the third quarter valued at approximately $492,000. Oppenheimer & Co. Inc. raised its holdings in shares of VanEck BDC Income ETF by 24.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 17,124 shares of the company’s stock worth $284,000 after buying an additional 3,316 shares in the last quarter. Tyler Stone Wealth Management lifted its position in shares of VanEck BDC Income ETF by 101.3% during the 3rd quarter. Tyler Stone Wealth Management now owns 35,886 shares of the company’s stock worth $594,000 after buying an additional 18,062 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in VanEck BDC Income ETF in the third quarter valued at about $290,000. Finally, Beacon Financial Advisory LLC grew its position in VanEck BDC Income ETF by 5.0% in the third quarter. Beacon Financial Advisory LLC now owns 18,437 shares of the company’s stock valued at $305,000 after acquiring an additional 883 shares during the last quarter.

VanEck BDC Income ETF Trading Down 0.1 %

BIZD stock opened at $16.30 on Monday. The firm has a 50-day moving average price of $16.32 and a 200-day moving average price of $16.57. VanEck BDC Income ETF has a 12 month low of $15.18 and a 12 month high of $17.43. The stock has a market capitalization of $1.06 billion, a P/E 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.