MGB Wealth Management LLC Increases Stock Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

MGB Wealth Management LLC increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 11.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,493 shares of the company’s stock after purchasing an additional 743 shares during the period. MGB Wealth Management LLC’s holdings in VanEck BDC Income ETF were worth $125,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of BIZD. Kestra Private Wealth Services LLC grew its position in VanEck BDC Income ETF by 11.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 71,557 shares of the company’s stock worth $1,190,000 after acquiring an additional 7,186 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of VanEck BDC Income ETF during the 4th quarter worth $301,000. Consolidated Portfolio Review Corp increased its position in shares of VanEck BDC Income ETF by 49.0% during the 4th quarter. Consolidated Portfolio Review Corp now owns 91,406 shares of the company’s stock worth $1,520,000 after purchasing an additional 30,050 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth about $281,000. Finally, Beacon Financial Advisory LLC raised its holdings in VanEck BDC Income ETF by 11.9% in the 4th quarter. Beacon Financial Advisory LLC now owns 20,632 shares of the company’s stock valued at $343,000 after buying an additional 2,195 shares during the period.

VanEck BDC Income ETF Price Performance

Shares of BIZD stock opened at $17.38 on Thursday. VanEck BDC Income ETF has a 1-year low of $15.18 and a 1-year high of $17.53. The firm has a market cap of $1.13 billion, a PE ratio of 18.42 and a beta of 0.58. The company has a 50-day moving average of $16.92 and a two-hundred day moving average of $16.53.

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.