VanEck BDC Income ETF (NYSEARCA:BIZD) Stock Position Reduced by NTV Asset Management LLC

NTV Asset Management LLC trimmed its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 4.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,200 shares of the company’s stock after selling 1,000 shares during the quarter. NTV Asset Management LLC owned approximately 0.05% of VanEck BDC Income ETF worth $340,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC raised its stake in VanEck BDC Income ETF by 4.6% during the third quarter. LPL Financial LLC now owns 2,171,601 shares of the company’s stock worth $34,811,000 after acquiring an additional 95,009 shares during the period. International Assets Investment Management LLC boosted its position in VanEck BDC Income ETF by 545.1% during the 4th quarter. International Assets Investment Management LLC now owns 1,306,120 shares of the company’s stock valued at $20,950,000 after purchasing an additional 1,103,647 shares during the period. Commonwealth Equity Services LLC grew its stake in VanEck BDC Income ETF by 4.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 268,364 shares of the company’s stock worth $4,302,000 after buying an additional 12,029 shares during the last quarter. Shilanski & Associates Inc. increased its position in VanEck BDC Income ETF by 0.7% in the fourth quarter. Shilanski & Associates Inc. now owns 204,878 shares of the company’s stock worth $3,286,000 after buying an additional 1,511 shares during the period. Finally, Raymond James & Associates lifted its stake in VanEck BDC Income ETF by 1.1% in the fourth quarter. Raymond James & Associates now owns 181,796 shares of the company’s stock valued at $2,916,000 after buying an additional 2,040 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of BIZD traded up $0.05 during mid-day trading on Friday, reaching $16.70. 339,304 shares of the company’s stock traded hands, compared to its average volume of 630,982. The business’s 50-day moving average price is $16.45 and its 200-day moving average price is $16.15. The stock has a market capitalization of $1.08 billion, a P/E ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a 12 month low of $13.76 and a 12 month high of $16.94.

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.