Measured Risk Portfolios Inc. Purchases New Stake in VanEck BDC Income ETF $BIZD

Measured Risk Portfolios Inc. purchased a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 188,011 shares of the company’s stock, valued at approximately $2,423,000. VanEck BDC Income ETF makes up approximately 2.2% of Measured Risk Portfolios Inc.’s holdings, making the stock its 10th largest holding. Measured Risk Portfolios Inc. owned about 0.16% of VanEck BDC Income ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Western Wealth Management LLC purchased a new stake in VanEck BDC Income ETF during the first quarter worth approximately $35,000. Quantum Portfolio Management LLC acquired a new stake in shares of VanEck BDC Income ETF in the first quarter worth $42,000. EverSource Wealth Advisors LLC raised its stake in shares of VanEck BDC Income ETF by 53.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,000 shares of the company’s stock valued at $64,000 after acquiring an additional 1,750 shares during the period. Legacy Wealth Managment LLC ID purchased a new position in shares of VanEck BDC Income ETF in the 1st quarter valued at $138,000. Finally, Axxcess Wealth Management LLC purchased a new position in shares of VanEck BDC Income ETF in the 3rd quarter valued at $163,000.

VanEck BDC Income ETF Trading Down 0.3%

NYSEARCA:BIZD opened at $11.79 on Thursday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 11.32 and a beta of 0.67. The firm’s fifty day simple moving average is $12.86 and its 200 day simple moving average is $12.72. VanEck BDC Income ETF has a twelve month low of $11.73 and a twelve month high of $15.12.

About VanEck BDC Income ETF

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.