Renaissance Technologies LLC Acquires Shares of 54,400 VanEck BDC Income ETF $BIZD

Renaissance Technologies LLC bought a new position in VanEck BDC Income ETF (NYSEARCA:BIZD) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 54,400 shares of the company’s stock, valued at approximately $696,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gibbs Wealth Management grew its holdings in shares of VanEck BDC Income ETF by 95.0% in the first quarter. Gibbs Wealth Management now owns 133,606 shares of the company’s stock worth $1,710,000 after purchasing an additional 65,100 shares during the last quarter. Cetera Investment Advisers boosted its position in VanEck BDC Income ETF by 2.7% in the 1st quarter. Cetera Investment Advisers now owns 246,334 shares of the company’s stock valued at $3,153,000 after buying an additional 6,475 shares during the period. Cambridge Associates LLC MA ADV boosted its position in VanEck BDC Income ETF by 38.7% in the 1st quarter. Cambridge Associates LLC MA ADV now owns 2,424,628 shares of the company’s stock valued at $31,035,000 after buying an additional 676,672 shares during the period. Legacy Wealth Managment LLC ID bought a new position in VanEck BDC Income ETF in the 1st quarter worth about $138,000. Finally, Ranch Capital Advisors Inc. grew its stake in VanEck BDC Income ETF by 1.6% in the 1st quarter. Ranch Capital Advisors Inc. now owns 63,787 shares of the company’s stock worth $816,000 after acquiring an additional 990 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of NYSEARCA:BIZD opened at $13.37 on Monday. The firm’s 50 day simple moving average is $12.62 and its 200-day simple moving average is $12.81. VanEck BDC Income ETF has a one year low of $11.97 and a one year high of $16.13. The firm has a market cap of $1.70 billion, a PE ratio of 11.32 and a beta of 0.64.

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.