70,831 Shares in VanEck BDC Income ETF $BIZD Purchased by Adams Asset Advisors LLC

Adams Asset Advisors LLC purchased a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 70,831 shares of the company’s stock, valued at approximately $913,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of VanEck BDC Income ETF by 30.8% in the first quarter. Bank of America Corp DE now owns 7,624,033 shares of the company’s stock worth $97,588,000 after buying an additional 1,794,136 shares during the last quarter. Cambridge Associates LLC MA ADV grew its stake in VanEck BDC Income ETF by 38.7% in the 1st quarter. Cambridge Associates LLC MA ADV now owns 2,424,628 shares of the company’s stock valued at $31,035,000 after buying an additional 676,672 shares during the last quarter. Independent Financial Group LLC bought a new position in VanEck BDC Income ETF in the 1st quarter worth $13,576,000. Bard Associates Inc. raised its holdings in VanEck BDC Income ETF by 12.1% in the 4th quarter. Bard Associates Inc. now owns 749,444 shares of the company’s stock worth $10,627,000 after acquiring an additional 80,663 shares during the period. Finally, Royal Bank of Canada raised its holdings in VanEck BDC Income ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 503,030 shares of the company’s stock worth $6,439,000 after acquiring an additional 9,763 shares during the period.

VanEck BDC Income ETF Trading Up 1.2%

VanEck BDC Income ETF stock traded up $0.14 on Thursday, reaching $12.17. 2,550,732 shares of the stock were exchanged, compared to its average volume of 3,348,819. VanEck BDC Income ETF has a twelve month low of $11.90 and a twelve month high of $15.12. The firm has a fifty day moving average price of $13.06 and a two-hundred day moving average price of $12.76. The stock has a market cap of $1.45 billion, a PE ratio of 11.32 and a beta of 0.67.

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.