VanEck BDC Income ETF $BIZD Stake Lessened by Future Financial Wealth Managment LLC

Future Financial Wealth Managment LLC cut its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 10.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 85,774 shares of the company’s stock after selling 10,392 shares during the period. VanEck BDC Income ETF accounts for approximately 1.0% of Future Financial Wealth Managment LLC’s holdings, making the stock its 22nd largest holding. Future Financial Wealth Managment LLC’s holdings in VanEck BDC Income ETF were worth $1,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Insight Advisors LLC PA boosted its stake in VanEck BDC Income ETF by 100.0% during the 1st quarter. Insight Advisors LLC PA now owns 24,482 shares of the company’s stock valued at $410,000 after purchasing an additional 12,241 shares in the last quarter. IAM Advisory LLC boosted its stake in VanEck BDC Income ETF by 6.0% during the 1st quarter. IAM Advisory LLC now owns 27,105 shares of the company’s stock valued at $454,000 after purchasing an additional 1,538 shares in the last quarter. Centricity Wealth Management LLC boosted its stake in VanEck BDC Income ETF by 18.2% during the 1st quarter. Centricity Wealth Management LLC now owns 7,230 shares of the company’s stock valued at $121,000 after purchasing an additional 1,115 shares in the last quarter. Great Waters Wealth Management bought a new position in VanEck BDC Income ETF during the first quarter valued at about $204,000. Finally, Wealthcare Advisory Partners LLC boosted its stake in VanEck BDC Income ETF by 9.4% during the first quarter. Wealthcare Advisory Partners LLC now owns 20,762 shares of the company’s stock valued at $348,000 after buying an additional 1,786 shares in the last quarter.

VanEck BDC Income ETF Stock Down 1.0%

Shares of BIZD stock opened at $14.39 on Friday. The stock has a 50-day simple moving average of $15.73 and a 200 day simple moving average of $15.84. VanEck BDC Income ETF has a fifty-two week low of $13.50 and a fifty-two week high of $17.86. The stock has a market capitalization of $1.53 billion, a P/E ratio of 11.32 and a beta of 1.21.

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.