VanEck BDC Income ETF $BIZD Shares Newly Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) in the third quarter, Holdings Channel.com reports. The firm purchased 95,354 shares of the company’s stock, valued at approximately $1,229,000.

Other hedge funds have also added to or reduced their stakes in the company. Barrett & Company Inc. bought a new position in VanEck BDC Income ETF in the 3rd quarter worth approximately $29,000. Western Wealth Management LLC bought a new stake in shares of VanEck BDC Income ETF during the 1st quarter valued at about $35,000. EverSource Wealth Advisors LLC grew its holdings in shares of VanEck BDC Income ETF by 53.8% during the first quarter. EverSource Wealth Advisors LLC now owns 5,000 shares of the company’s stock worth $64,000 after purchasing an additional 1,750 shares in the last quarter. Legacy Wealth Managment LLC ID bought a new stake in VanEck BDC Income ETF during the first quarter valued at approximately $138,000. Finally, Axxcess Wealth Management LLC bought a new stake in shares of VanEck BDC Income ETF during the 3rd quarter worth $163,000.

VanEck BDC Income ETF Stock Up 1.4%

Shares of BIZD stock opened at $12.56 on Tuesday. The business has a 50-day moving average price of $12.69 and a two-hundred day moving average price of $12.86. VanEck BDC Income ETF has a 12-month low of $11.73 and a 12-month high of $15.12. The firm has a market cap of $1.49 billion, a P/E ratio of 11.32 and a beta of 0.67.

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.