Milestone Asset Management LLC Purchases 13,645 Shares of VanEck BDC Income ETF $BIZD

Milestone Asset Management LLC grew its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 46.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,945 shares of the company’s stock after acquiring an additional 13,645 shares during the quarter. Milestone Asset Management LLC’s holdings in VanEck BDC Income ETF were worth $699,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC purchased a new position in shares of VanEck BDC Income ETF during the 1st quarter valued at $374,000. D.A. Davidson & CO. purchased a new position in shares of VanEck BDC Income ETF during the 1st quarter valued at about $200,000. Silver Oak Securities Incorporated raised its holdings in shares of VanEck BDC Income ETF by 8.0% during the 1st quarter. Silver Oak Securities Incorporated now owns 18,315 shares of the company’s stock valued at $309,000 after buying an additional 1,356 shares in the last quarter. World Investment Advisors grew its position in VanEck BDC Income ETF by 5.9% during the 1st quarter. World Investment Advisors now owns 28,671 shares of the company’s stock worth $481,000 after acquiring an additional 1,585 shares during the last quarter. Finally, Concurrent Investment Advisors LLC bought a new position in VanEck BDC Income ETF during the 1st quarter worth approximately $266,000.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $14.37 on Tuesday. The firm has a market cap of $1.58 billion, a P/E ratio of 11.32 and a beta of 0.82. VanEck BDC Income ETF has a fifty-two week low of $13.44 and a fifty-two week high of $17.86. The business’s 50 day moving average price is $14.95 and its 200-day moving average price is $15.62.

VanEck BDC Income ETF Company 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.