Amplius Wealth Advisors LLC Acquires New Shares in VanEck BDC Income ETF $BIZD

Amplius Wealth Advisors LLC purchased a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 104,326 shares of the company’s stock, valued at approximately $1,479,000. Amplius Wealth Advisors LLC owned 0.09% of VanEck BDC Income ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of BIZD. IAM Advisory LLC increased its holdings in shares of VanEck BDC Income ETF by 4.5% in the fourth quarter. IAM Advisory LLC now owns 18,965 shares of the company’s stock worth $269,000 after purchasing an additional 812 shares during the period. Measured Risk Portfolios Inc. grew its position in VanEck BDC Income ETF by 0.6% during the third quarter. Measured Risk Portfolios Inc. now owns 142,179 shares of the company’s stock worth $2,124,000 after buying an additional 856 shares in the last quarter. Envestnet Asset Management Inc. grew its position in VanEck BDC Income ETF by 0.3% during the third quarter. Envestnet Asset Management Inc. now owns 409,033 shares of the company’s stock worth $6,111,000 after buying an additional 1,230 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of VanEck BDC Income ETF during the second quarter worth about $25,000. Finally, Baker Avenue Asset Management LP increased its position in shares of VanEck BDC Income ETF by 9.2% in the second quarter. Baker Avenue Asset Management LP now owns 19,086 shares of the company’s stock worth $311,000 after purchasing an additional 1,600 shares during the last quarter.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA:BIZD opened at $12.69 on Wednesday. The company’s fifty day moving average price is $13.44 and its 200-day moving average price is $14.15. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 11.32 and a beta of 0.82. VanEck BDC Income ETF has a one year low of $12.40 and a one year high of $17.10.

VanEck BDC Income ETF Company 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.