27,350 Shares in VanEck BDC Income ETF $BIZD Acquired by WMG Financial Advisors LLC

WMG Financial Advisors LLC bought a new position in VanEck BDC Income ETF (NYSEARCA:BIZD) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 27,350 shares of the company’s stock, valued at approximately $445,000.

Other institutional investors also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC purchased a new stake in VanEck BDC Income ETF during the first quarter worth approximately $41,000. AlphaCore Capital LLC purchased a new stake in VanEck BDC Income ETF during the first quarter worth approximately $53,000. AE Wealth Management LLC grew its stake in VanEck BDC Income ETF by 81.9% during the first quarter. AE Wealth Management LLC now owns 3,557 shares of the company’s stock worth $60,000 after buying an additional 1,602 shares during the period. Financial Network Wealth Advisors LLC grew its stake in VanEck BDC Income ETF by 343.2% during the first quarter. Financial Network Wealth Advisors LLC now owns 4,210 shares of the company’s stock worth $71,000 after buying an additional 3,260 shares during the period. Finally, Hollencrest Capital Management grew its stake in VanEck BDC Income ETF by 94.2% during the first quarter. Hollencrest Capital Management now owns 5,885 shares of the company’s stock worth $99,000 after buying an additional 2,855 shares during the period.

VanEck BDC Income ETF Stock Down 2.8%

BIZD opened at $13.66 on Friday. VanEck BDC Income ETF has a 52-week low of $13.50 and a 52-week high of $17.86. The company has a 50 day moving average of $15.55 and a two-hundred day moving average of $15.77. The company has a market cap of $1.46 billion, a P/E ratio of 11.32 and a beta of 1.21.

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.