Wealth Enhancement Advisory Services LLC Has $407,000 Stake in VanEck BDC Income ETF $BIZD

Wealth Enhancement Advisory Services LLC raised its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 12.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 25,096 shares of the company’s stock after purchasing an additional 2,788 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck BDC Income ETF were worth $407,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kestra Advisory Services LLC raised its position in shares of VanEck BDC Income ETF by 790.2% during the first quarter. Kestra Advisory Services LLC now owns 471,298 shares of the company’s stock worth $7,899,000 after purchasing an additional 418,356 shares during the period. LPL Financial LLC grew its holdings in VanEck BDC Income ETF by 13.1% during the 1st quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock valued at $46,891,000 after buying an additional 324,618 shares in the last quarter. TrueMark Investments LLC increased its holdings in shares of VanEck BDC Income ETF by 1,108.7% in the first quarter. TrueMark Investments LLC now owns 224,919 shares of the company’s stock worth $3,770,000 after purchasing an additional 206,310 shares during the period. Nan Fung Trinity HK Ltd. raised its stake in VanEck BDC Income ETF by 40.1% in the first quarter. Nan Fung Trinity HK Ltd. now owns 474,800 shares of the company’s stock valued at $7,958,000 after purchasing an additional 135,800 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp bought a new position in VanEck BDC Income ETF during the first quarter valued at approximately $2,218,000.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $14.32 on Tuesday. The stock has a 50 day moving average price of $15.69 and a two-hundred day moving average price of $15.81. The company has a market capitalization of $1.53 billion, a P/E ratio of 11.32 and a beta of 1.21. VanEck BDC Income ETF has a fifty-two week low of $13.50 and a fifty-two week high of $17.86.

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.