Bleakley Financial Group LLC Takes $306,000 Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Bleakley Financial Group LLC acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 19,056 shares of the company’s stock, valued at approximately $306,000.

Several other hedge funds also recently modified their holdings of the stock. Tower Research Capital LLC TRC bought a new position in VanEck BDC Income ETF during the second quarter worth about $27,000. FMR LLC bought a new position in VanEck BDC Income ETF during the first quarter worth about $35,000. Global Retirement Partners LLC grew its holdings in VanEck BDC Income ETF by 415.6% during the third quarter. Global Retirement Partners LLC now owns 2,836 shares of the company’s stock worth $42,000 after purchasing an additional 2,286 shares during the period. Sunbelt Securities Inc. bought a new position in VanEck BDC Income ETF during the first quarter worth about $44,000. Finally, Credit Suisse AG bought a new position in VanEck BDC Income ETF during the second quarter worth about $57,000.

VanEck BDC Income ETF Stock Performance

VanEck BDC Income ETF stock opened at $16.14 on Tuesday. VanEck BDC Income ETF has a 52 week low of $13.76 and a 52 week high of $16.94. The stock has a market capitalization of $680.62 million, a P/E ratio of 10.91 and a beta of 1.21. The stock has a 50-day simple moving average of $16.34 and a 200 day simple moving average of $16.02.

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.