Wedbush Securities Inc. Acquires 5,949 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Wedbush Securities Inc. increased its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 6.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,858 shares of the company’s stock after purchasing an additional 5,949 shares during the quarter. Wedbush Securities Inc.’s holdings in VanEck BDC Income ETF were worth $1,640,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC bought a new position in VanEck BDC Income ETF during the fourth quarter worth about $150,000. Howard Wealth Management LLC bought a new position in VanEck BDC Income ETF during the 1st quarter worth approximately $171,000. J.W. Cole Advisors Inc. acquired a new position in VanEck BDC Income ETF during the first quarter valued at approximately $211,000. OLD National Bancorp IN bought a new stake in VanEck BDC Income ETF in the second quarter valued at approximately $218,000. Finally, Larson Financial Group LLC raised its holdings in VanEck BDC Income ETF by 8.3% in the first quarter. Larson Financial Group LLC now owns 13,955 shares of the company’s stock worth $236,000 after purchasing an additional 1,075 shares during the period.

VanEck BDC Income ETF Stock Up 0.2 %

Shares of NYSEARCA BIZD opened at $16.17 on Tuesday. VanEck BDC Income ETF has a twelve month low of $14.60 and a twelve month high of $17.43. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The company’s fifty day moving average is $16.42 and its 200-day moving average is $16.62.

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.