Guidance Capital Inc. Sells 12,369 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Guidance Capital Inc. decreased its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 13.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 78,728 shares of the company’s stock after selling 12,369 shares during the quarter. Guidance Capital Inc.’s holdings in VanEck BDC Income ETF were worth $1,359,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AlphaMark Advisors LLC lifted its position in VanEck BDC Income ETF by 229.5% during the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after purchasing an additional 1,515 shares during the period. Sugar Maple Asset Management LLC acquired a new position in VanEck BDC Income ETF in the fourth quarter valued at approximately $57,000. Sound Income Strategies LLC lifted its holdings in VanEck BDC Income ETF by 12.9% in the third quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after buying an additional 947 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in VanEck BDC Income ETF by 31.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after acquiring an additional 2,396 shares during the last quarter. Finally, Truist Financial Corp acquired a new stake in VanEck BDC Income ETF during the 2nd quarter worth $248,000.

VanEck BDC Income ETF Stock Down 0.1 %

BIZD stock opened at $17.49 on Wednesday. VanEck BDC Income ETF has a twelve month low of $15.18 and a twelve month high of $17.53. The company has a market cap of $1.13 billion, a P/E ratio of 18.42 and a beta of 0.58. The business’s fifty day moving average is $16.86 and its 200-day moving average is $16.50.

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.