Spire Wealth Management Increases Holdings in VanEck BDC Income ETF $BIZD

Spire Wealth Management grew its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,445 shares of the company’s stock after purchasing an additional 3,195 shares during the quarter. Spire Wealth Management owned approximately 0.11% of VanEck BDC Income ETF worth $1,554,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in VanEck BDC Income ETF by 13.1% in the 1st quarter. LPL Financial LLC now owns 2,797,822 shares of the company’s stock worth $46,891,000 after acquiring an additional 324,618 shares during the last quarter. Mission Hills Financial Advisory LLC increased its holdings in VanEck BDC Income ETF by 15.4% in the 2nd quarter. Mission Hills Financial Advisory LLC now owns 999,233 shares of the company’s stock worth $16,268,000 after acquiring an additional 133,636 shares during the last quarter. Haven Private LLC increased its holdings in VanEck BDC Income ETF by 12.4% in the 1st quarter. Haven Private LLC now owns 598,790 shares of the company’s stock worth $10,036,000 after acquiring an additional 66,071 shares during the last quarter. Nan Fung Trinity HK Ltd. increased its holdings in VanEck BDC Income ETF by 40.1% in the 1st quarter. Nan Fung Trinity HK Ltd. now owns 474,800 shares of the company’s stock worth $7,958,000 after acquiring an additional 135,800 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in VanEck BDC Income ETF by 790.2% in the 1st quarter. Kestra Advisory Services LLC now owns 471,298 shares of the company’s stock worth $7,899,000 after acquiring an additional 418,356 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of BIZD opened at $14.33 on Friday. The business has a 50-day moving average of $14.98 and a 200 day moving average of $15.61. VanEck BDC Income ETF has a fifty-two week low of $13.44 and a fifty-two week high of $17.86. The firm has a market cap of $1.57 billion, a P/E ratio of 11.32 and a beta of 0.82.

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.