Samalin Investment Counsel LLC Raises Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Samalin Investment Counsel LLC lifted its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 12.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 141,323 shares of the company’s stock after acquiring an additional 15,322 shares during the quarter. VanEck BDC Income ETF makes up approximately 1.0% of Samalin Investment Counsel LLC’s investment portfolio, making the stock its 20th largest position. Samalin Investment Counsel LLC’s holdings in VanEck BDC Income ETF were worth $2,350,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Condor Capital Management raised its holdings in VanEck BDC Income ETF by 1.6% in the 4th 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 period. Mission Hills Financial Advisory LLC raised its holdings in VanEck BDC Income ETF by 9.8% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock worth $13,389,000 after purchasing an additional 71,942 shares during the period. Haven Private LLC acquired a new position in VanEck BDC Income ETF in the 4th quarter worth about $8,859,000. Steward Partners Investment Advisory LLC raised its holdings in VanEck BDC Income ETF by 4.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 418,249 shares of the company’s stock worth $6,955,000 after purchasing an additional 17,159 shares during the period. Finally, Foundations Investment Advisors LLC raised its holdings in VanEck BDC Income ETF by 26.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 340,545 shares of the company’s stock worth $5,663,000 after purchasing an additional 71,401 shares during the period.

VanEck BDC Income ETF Trading Down 0.4 %

NYSEARCA BIZD opened at $16.71 on Friday. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 9.76 and a beta of 1.10. VanEck BDC Income ETF has a twelve month low of $15.18 and a twelve month high of $17.86. The stock has a 50-day moving average of $17.16 and a 200 day moving average of $16.72.

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.