Shilanski & Associates Inc. Sells 2,255 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Shilanski & Associates Inc. lessened its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 1.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 197,861 shares of the company’s stock after selling 2,255 shares during the quarter. Shilanski & Associates Inc.’s holdings in VanEck BDC Income ETF were worth $3,290,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BIZD. Millennium Management LLC grew its stake in shares of VanEck BDC Income ETF by 45.0% during the 2nd quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock worth $21,232,000 after acquiring an additional 385,244 shares in the last quarter. Mission Hills Financial Advisory LLC grew its position in VanEck BDC Income ETF by 9.8% during the fourth quarter. Mission Hills Financial Advisory LLC now owns 805,097 shares of the company’s stock worth $13,389,000 after buying an additional 71,942 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of VanEck BDC Income ETF by 53.5% during the 2nd quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock worth $6,522,000 after purchasing an additional 132,890 shares in the last quarter. Foundations Investment Advisors LLC grew its stake in VanEck BDC Income ETF by 15.2% during the third quarter. Foundations Investment Advisors LLC now owns 269,144 shares of the company’s stock worth $4,457,000 after buying an additional 35,420 shares in the last quarter. Finally, Townsquare Capital LLC boosted its position in shares of VanEck BDC Income ETF by 9.5% during the 3rd quarter. Townsquare Capital LLC now owns 238,648 shares of the company’s stock worth $3,952,000 after acquiring an additional 20,777 shares in the last quarter.

VanEck BDC Income ETF Price Performance

Shares of BIZD stock opened at $17.20 on Friday. The company has a market cap of $1.11 billion, a P/E ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a twelve month low of $15.18 and a twelve month high of $17.43. The business has a fifty day simple moving average of $16.73 and a 200 day simple moving average of $16.48.

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.