VanEck BDC Income ETF (NYSEARCA:BIZD) Sets New 52-Week High at $16.97

VanEck BDC Income ETF (NYSEARCA:BIZD) hit a new 52-week high during trading on Tuesday . The stock traded as high as $16.97 and last traded at $16.90, with a volume of 72030 shares trading hands. The stock had previously closed at $16.92.

VanEck BDC Income ETF Trading Up 0.8 %

The firm’s 50-day simple moving average is $16.50 and its two-hundred day simple moving average is $16.18. The stock has a market capitalization of $1.10 billion, a PE ratio of 18.42 and a beta of 0.58.

Hedge Funds Weigh In On VanEck BDC Income ETF

Several institutional investors and hedge funds have recently modified their holdings of BIZD. Beacon Financial Advisory LLC increased its stake in shares of VanEck BDC Income ETF by 7.6% during the 4th quarter. Beacon Financial Advisory LLC now owns 11,685 shares of the company’s stock worth $187,000 after purchasing an additional 825 shares during the last quarter. Register Financial Advisors LLC lifted its position in shares of VanEck BDC Income ETF by 6.6% in the first quarter. Register Financial Advisors LLC now owns 14,630 shares of the company’s stock worth $247,000 after buying an additional 900 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of VanEck BDC Income ETF by 6.1% during the 4th quarter. HB Wealth Management LLC now owns 15,924 shares of the company’s stock worth $255,000 after acquiring an additional 915 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of VanEck BDC Income ETF by 4.6% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 24,097 shares of the company’s stock valued at $386,000 after acquiring an additional 1,050 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of VanEck BDC Income ETF by 8.3% in the 1st quarter. Larson Financial Group LLC now owns 13,955 shares of the company’s stock valued at $236,000 after acquiring an additional 1,075 shares in the last quarter.

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.