Avantax Advisory Services Inc. Has $2.07 Million Stock Holdings in VanEck BDC Income ETF $BIZD

Avantax Advisory Services Inc. increased its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 10.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 127,289 shares of the company’s stock after purchasing an additional 12,461 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.14% of VanEck BDC Income ETF worth $2,072,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. CBIZ Investment Advisory Services LLC bought a new stake in VanEck BDC Income ETF during the first quarter worth about $41,000. AlphaCore Capital LLC acquired a new position in shares of VanEck BDC Income ETF in the 1st quarter worth approximately $53,000. AE Wealth Management LLC grew its position in VanEck BDC Income ETF by 81.9% during the 1st quarter. AE Wealth Management LLC now owns 3,557 shares of the company’s stock worth $60,000 after acquiring an additional 1,602 shares during the last quarter. Financial Network Wealth Advisors LLC increased its holdings in VanEck BDC Income ETF by 343.2% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 4,210 shares of the company’s stock valued at $71,000 after purchasing an additional 3,260 shares in the last quarter. Finally, Private Trust Co. NA increased its holdings in VanEck BDC Income ETF by 274.1% during the 2nd quarter. Private Trust Co. NA now owns 4,373 shares of the company’s stock valued at $71,000 after purchasing an additional 3,204 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

VanEck BDC Income ETF stock opened at $14.04 on Friday. The firm has a market cap of $1.54 billion, a P/E ratio of 11.32 and a beta of 0.82. The business’s fifty day moving average is $14.42 and its two-hundred day moving average is $15.50. VanEck BDC Income ETF has a 52 week low of $13.44 and a 52 week high of $17.86.

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.