Cetera Investment Advisers Purchases 12,002 Shares of VanEck BDC Income ETF $BIZD

Cetera Investment Advisers lifted its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 11.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 120,429 shares of the company’s stock after acquiring an additional 12,002 shares during the period. Cetera Investment Advisers owned 0.14% of VanEck BDC Income ETF worth $1,961,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC purchased a new stake in VanEck BDC Income ETF in the first quarter worth $41,000. AlphaCore Capital LLC purchased a new position in VanEck BDC Income ETF during the first quarter valued at $53,000. AE Wealth Management LLC boosted its holdings in shares of 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 valued at $60,000 after buying an additional 1,602 shares in the last quarter. Financial Network Wealth Advisors LLC grew its position in shares of VanEck BDC Income ETF by 343.2% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 4,210 shares of the company’s stock worth $71,000 after buying an additional 3,260 shares during the period. Finally, Private Trust Co. NA grew its position in shares of VanEck BDC Income ETF by 274.1% in the 2nd quarter. Private Trust Co. NA now owns 4,373 shares of the company’s stock worth $71,000 after buying an additional 3,204 shares during the period.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA BIZD opened at $14.64 on Friday. VanEck BDC Income ETF has a 1 year low of $13.44 and a 1 year high of $17.86. The stock has a market cap of $1.60 billion, a P/E ratio of 11.32 and a beta of 0.82. The firm has a 50-day moving average of $14.31 and a 200 day moving average of $15.47.

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.