MGO One Seven LLC Has $5.04 Million Position in VanEck BDC Income ETF $BIZD

MGO One Seven LLC boosted its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 100.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 355,603 shares of the company’s stock after buying an additional 178,414 shares during the quarter. MGO One Seven LLC’s holdings in VanEck BDC Income ETF were worth $5,042,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in VanEck BDC Income ETF during the 2nd quarter worth about $25,000. Group One Trading LLC lifted its position in shares of VanEck BDC Income ETF by 402.5% in the 2nd quarter. Group One Trading LLC now owns 2,010 shares of the company’s stock worth $33,000 after purchasing an additional 1,610 shares during the period. Ameriflex Group Inc. acquired a new position in shares of VanEck BDC Income ETF in the 3rd quarter worth approximately $32,000. Geneos Wealth Management Inc. acquired a new position in shares of VanEck BDC Income ETF in the 3rd quarter worth approximately $45,000. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of VanEck BDC Income ETF in the 3rd quarter worth approximately $49,000.

VanEck BDC Income ETF Stock Performance

Shares of NYSEARCA BIZD opened at $12.90 on Friday. The company has a market capitalization of $1.59 billion, a P/E ratio of 11.32 and a beta of 0.66. VanEck BDC Income ETF has a 52-week low of $11.97 and a 52-week high of $16.95. The company’s 50 day moving average price is $12.79 and its 200-day moving average price is $13.70.

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.