22,400 Shares in VanEck BDC Income ETF (NYSEARCA:BIZD) Purchased by DKM Wealth Management Inc.

DKM Wealth Management Inc. bought a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 22,400 shares of the company’s stock, valued at approximately $373,000.

Several other large investors have also modified their holdings of BIZD. Cullen Frost Bankers Inc. purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth $30,000. Jones Financial Companies Lllp purchased a new stake in shares of VanEck BDC Income ETF during the fourth quarter valued at about $31,000. AlphaMark Advisors LLC lifted its position in shares of VanEck BDC Income ETF by 229.5% during the fourth quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after buying an additional 1,515 shares during the last quarter. Hollencrest Capital Management bought a new stake in shares of VanEck BDC Income ETF in the 4th quarter valued at about $50,000. Finally, Sugar Maple Asset Management LLC purchased a new position in shares of VanEck BDC Income ETF in the 4th quarter worth approximately $57,000.

VanEck BDC Income ETF Stock Down 1.5 %

NYSEARCA:BIZD opened at $16.51 on Wednesday. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 9.80 and a beta of 0.85. VanEck BDC Income ETF has a 52 week low of $15.18 and a 52 week high of $17.86. The firm has a 50 day moving average of $17.16 and a 200 day moving average of $16.76.

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.