Andina Capital Management LLC Has $604,000 Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Andina Capital Management LLC raised its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 7.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,464 shares of the company’s stock after acquiring an additional 2,641 shares during the quarter. Andina Capital Management LLC owned approximately 0.06% of VanEck BDC Income ETF worth $604,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BIZD. Concourse Financial Group Securities Inc. increased its holdings in shares of VanEck BDC Income ETF by 0.8% during the second quarter. Concourse Financial Group Securities Inc. now owns 81,259 shares of the company’s stock worth $1,390,000 after purchasing an additional 640 shares during the period. Larson Financial Group LLC raised its stake in VanEck BDC Income ETF by 4.8% in the second quarter. Larson Financial Group LLC now owns 14,629 shares of the company’s stock valued at $250,000 after purchasing an additional 674 shares in the last quarter. Global Retirement Partners LLC lifted its position in VanEck BDC Income ETF by 3.1% during the third quarter. Global Retirement Partners LLC now owns 24,761 shares of the company’s stock worth $410,000 after purchasing an additional 755 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of VanEck BDC Income ETF by 12.9% during the 3rd quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock worth $137,000 after acquiring an additional 947 shares during the period. Finally, Arkadios Wealth Advisors boosted its position in shares of VanEck BDC Income ETF by 0.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 181,373 shares of the company’s stock worth $3,004,000 after acquiring an additional 968 shares in the last quarter.

VanEck BDC Income ETF Price Performance

BIZD traded down $0.16 during trading on Tuesday, hitting $16.40. 148,626 shares of the stock traded hands, compared to its average volume of 610,298. The business has a 50 day moving average price of $16.33 and a 200 day moving average price of $16.60. VanEck BDC Income ETF has a twelve month low of $14.69 and a twelve month high of $17.43. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58.

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.