GFS Advisors LLC Has $1.29 Million Stake in VanEck BDC Income ETF (NYSEARCA:BIZD)

GFS Advisors LLC grew its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 705.5% during the third quarter, HoldingsChannel.com reports. The firm owned 77,800 shares of the company’s stock after purchasing an additional 68,141 shares during the period. GFS Advisors LLC’s holdings in VanEck BDC Income ETF were worth $1,288,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Truist Financial Corp acquired a new stake in VanEck BDC Income ETF in the 2nd quarter valued at $248,000. Envestnet Asset Management Inc. increased its holdings in VanEck BDC Income ETF by 130.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock worth $4,024,000 after acquiring an additional 133,044 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of VanEck BDC Income ETF by 29.3% during the first quarter. SG Americas Securities LLC now owns 31,052 shares of the company’s stock worth $525,000 after acquiring an additional 7,044 shares in the last quarter. GSA Capital Partners LLP boosted its position in shares of VanEck BDC Income ETF by 28.1% in the first quarter. GSA Capital Partners LLP now owns 53,140 shares of the company’s stock valued at $898,000 after acquiring an additional 11,651 shares during the period. Finally, Condor Capital Management grew its position in VanEck BDC Income ETF by 7.7% during the second quarter. Condor Capital Management now owns 978,936 shares of the company’s stock worth $16,750,000 after buying an additional 70,045 shares in the last quarter.

VanEck BDC Income ETF Stock Performance

VanEck BDC Income ETF stock opened at $16.08 on Friday. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.43. The stock has a market cap of $1.04 billion, a P/E ratio of 18.42 and a beta of 0.58. The firm’s fifty day moving average price is $16.33 and its 200-day moving average price is $16.60.

About VanEck BDC Income ETF

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.