337,425 Shares in VanEck BDC Income ETF $BIZD Purchased by Sterling Investment Advisors Ltd.

Sterling Investment Advisors Ltd. bought a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 337,425 shares of the company’s stock, valued at approximately $4,785,000. Sterling Investment Advisors Ltd. owned approximately 0.30% of VanEck BDC Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of BIZD. Royal Bank of Canada raised its holdings in VanEck BDC Income ETF by 19.1% during the first quarter. Royal Bank of Canada now owns 466,339 shares of the company’s stock worth $7,816,000 after acquiring an additional 74,858 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in VanEck BDC Income ETF by 297.3% during the first quarter. Goldman Sachs Group Inc. now owns 51,427 shares of the company’s stock worth $862,000 after acquiring an additional 38,483 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in VanEck BDC Income ETF during the second quarter worth about $25,000. NewEdge Advisors LLC raised its holdings in VanEck BDC Income ETF by 104.2% during the second quarter. NewEdge Advisors LLC now owns 380,160 shares of the company’s stock worth $6,189,000 after acquiring an additional 193,958 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in VanEck BDC Income ETF by 1.8% during the second quarter. Raymond James Financial Inc. now owns 422,682 shares of the company’s stock worth $6,881,000 after acquiring an additional 7,666 shares in the last quarter.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA BIZD opened at $12.38 on Tuesday. The business’s 50 day moving average price is $12.70 and its two-hundred day moving average price is $13.55. The company has a market cap of $1.52 billion, a PE ratio of 11.32 and a beta of 0.66. VanEck BDC Income ETF has a twelve month low of $11.97 and a twelve month high of $16.95.

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.