CFO4Life Group LLC Makes New $247,000 Investment in VanEck BDC Income ETF (NYSEARCA:BIZD)

CFO4Life Group LLC acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 14,712 shares of the company’s stock, valued at approximately $247,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp bought a new position in VanEck BDC Income ETF during the 4th quarter worth $31,000. Raymond James Financial Inc. acquired a new stake in shares of VanEck BDC Income ETF during the fourth quarter valued at about $5,532,000. Independent Advisor Alliance acquired a new position in shares of VanEck BDC Income ETF in the fourth quarter worth approximately $210,000. HighTower Advisors LLC lifted its stake in shares of VanEck BDC Income ETF by 15.6% in the fourth quarter. HighTower Advisors LLC now owns 109,772 shares of the company’s stock worth $1,826,000 after acquiring an additional 14,825 shares during the period. Finally, Hollencrest Capital Management bought a new stake in VanEck BDC Income ETF in the fourth quarter worth approximately $50,000.

VanEck BDC Income ETF Stock Up 1.1%

NYSEARCA BIZD opened at $16.35 on Friday. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 11.32 and a beta of 1.21. VanEck BDC Income ETF has a 52 week low of $13.50 and a 52 week high of $17.86. The business has a 50 day moving average price of $15.97 and a 200-day moving average price of $16.34.

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.