VanEck BDC Income ETF (NYSEARCA:BIZD) Stake Trimmed by Sykon Capital LLC

Sykon Capital LLC cut its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 15.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,020 shares of the company’s stock after selling 2,569 shares during the period. Sykon Capital LLC’s holdings in VanEck BDC Income ETF were worth $225,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Beacon Financial Advisory LLC lifted its position in shares of VanEck BDC Income ETF by 7.6% in the 4th quarter. Beacon Financial Advisory LLC now owns 11,685 shares of the company’s stock valued at $187,000 after acquiring an additional 825 shares in the last quarter. HB Wealth Management LLC boosted its position in shares of VanEck BDC Income ETF by 6.1% in the fourth quarter. HB Wealth Management LLC now owns 15,924 shares of the company’s stock worth $255,000 after buying an additional 915 shares during the period. Kestra Private Wealth Services LLC grew its holdings in shares of VanEck BDC Income ETF by 4.6% during the third quarter. Kestra Private Wealth Services LLC now owns 24,097 shares of the company’s stock valued at $386,000 after buying an additional 1,050 shares in the last quarter. Rainsberger Wealth Advisors Inc. raised its position in VanEck BDC Income ETF by 3.3% during the fourth quarter. Rainsberger Wealth Advisors Inc. now owns 42,767 shares of the company’s stock valued at $686,000 after buying an additional 1,381 shares during the period. Finally, Shilanski & Associates Inc. lifted its stake in VanEck BDC Income ETF by 0.7% in the 4th quarter. Shilanski & Associates Inc. now owns 204,878 shares of the company’s stock worth $3,286,000 after acquiring an additional 1,511 shares in the last quarter.

VanEck BDC Income ETF Trading Up 0.3 %

NYSEARCA BIZD traded up $0.05 during trading on Friday, reaching $16.70. 339,304 shares of the company’s stock were exchanged, compared to its average volume of 630,982. The firm has a market capitalization of $1.08 billion, a PE ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a fifty-two week low of $13.76 and a fifty-two week high of $16.94. The company’s fifty day simple moving average is $16.45 and its 200-day simple moving average is $16.14.

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.