Cwm LLC Purchases 340,546 Shares of VanEck BDC Income ETF $BIZD

Cwm LLC raised its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 1,242.7% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 367,950 shares of the company’s stock after acquiring an additional 340,546 shares during the period. Cwm LLC owned about 0.32% of VanEck BDC Income ETF worth $5,218,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Mission Hills Financial Advisory LLC lifted its stake in VanEck BDC Income ETF by 12.3% in the 3rd quarter. Mission Hills Financial Advisory LLC now owns 1,122,164 shares of the company’s stock valued at $16,765,000 after acquiring an additional 122,931 shares in the last quarter. Touchstone Capital Inc. bought a new stake in VanEck BDC Income ETF in the 3rd quarter valued at approximately $15,495,000. Bessemer Group Inc. bought a new stake in VanEck BDC Income ETF in the 3rd quarter valued at approximately $3,444,000. WMG Financial Advisors LLC lifted its stake in VanEck BDC Income ETF by 192.3% in the 3rd quarter. WMG Financial Advisors LLC now owns 79,950 shares of the company’s stock valued at $1,194,000 after acquiring an additional 52,600 shares in the last quarter. Finally, J.Safra Asset Management Corp lifted its stake in VanEck BDC Income ETF by 99.7% in the 3rd quarter. J.Safra Asset Management Corp now owns 183,859 shares of the company’s stock valued at $2,747,000 after acquiring an additional 91,782 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

NYSEARCA BIZD opened at $12.88 on Wednesday. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of 11.32 and a beta of 0.67. VanEck BDC Income ETF has a 52 week low of $11.97 and a 52 week high of $16.95. The stock’s 50 day moving average price is $12.86 and its two-hundred day moving average price is $13.77.

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.