World Investment Advisors LLC Purchases 2,419 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

World Investment Advisors LLC increased its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 15.3% during the third quarter, Holdings Channel.com reports. The firm owned 18,235 shares of the company’s stock after buying an additional 2,419 shares during the quarter. World Investment Advisors LLC’s holdings in VanEck BDC Income ETF were worth $302,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of BIZD. Mattson Financial Services LLC acquired a new position in VanEck BDC Income ETF during the second quarter worth $46,000. Sound Income Strategies LLC raised its holdings in shares of VanEck BDC Income ETF by 12.9% in the 3rd quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock worth $137,000 after acquiring an additional 947 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in VanEck BDC Income ETF by 31.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after acquiring an additional 2,396 shares in the last quarter. Seaview Investment Managers LLC acquired a new position in VanEck BDC Income ETF during the 2nd quarter valued at about $236,000. Finally, Truist Financial Corp bought a new stake in VanEck BDC Income ETF during the 2nd quarter worth approximately $248,000.

VanEck BDC Income ETF Stock Down 1.4 %

BIZD stock opened at $16.42 on Thursday. The firm has a market capitalization of $1.06 billion, a PE ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a twelve month low of $15.18 and a twelve month high of $17.43. The stock’s 50 day moving average is $16.52 and its 200-day moving average is $16.53.

VanEck BDC Income ETF 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.