Bay Colony Advisory Group Inc d b a Bay Colony Advisors Reduces Stock Position in VanEck BDC Income ETF $BIZD

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lowered its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 19.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,039 shares of the company’s stock after selling 5,715 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VanEck BDC Income ETF were worth $391,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Spire Wealth Management boosted its holdings in VanEck BDC Income ETF by 3.5% in the second quarter. Spire Wealth Management now owns 95,445 shares of the company’s stock worth $1,554,000 after purchasing an additional 3,195 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in VanEck BDC Income ETF by 11.9% in the second quarter. Arkadios Wealth Advisors now owns 220,148 shares of the company’s stock worth $3,584,000 after purchasing an additional 23,491 shares during the last quarter. L.M. Kohn & Company purchased a new stake in VanEck BDC Income ETF in the second quarter worth approximately $217,000. James Investment Research Inc. purchased a new stake in VanEck BDC Income ETF in the second quarter worth approximately $454,000. Finally, Shilanski & Associates Inc. boosted its holdings in VanEck BDC Income ETF by 1.5% in the second quarter. Shilanski & Associates Inc. now owns 203,050 shares of the company’s stock worth $3,306,000 after purchasing an additional 3,041 shares during the last quarter.

VanEck BDC Income ETF Trading Up 0.8%

Shares of BIZD stock opened at $14.33 on Friday. VanEck BDC Income ETF has a 12-month low of $13.44 and a 12-month high of $17.86. The firm’s 50 day moving average is $14.98 and its 200 day moving average is $15.62. The stock has a market capitalization of $1.57 billion, a P/E ratio of 11.32 and a beta of 0.82.

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.