Cynosure Group LLC Boosts Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Cynosure Group LLC grew its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 40.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,966 shares of the company’s stock after buying an additional 32,406 shares during the period. Cynosure Group LLC owned 0.17% of VanEck BDC Income ETF worth $1,871,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new position in shares of VanEck BDC Income ETF in the 2nd quarter worth approximately $46,000. Sound Income Strategies LLC grew its position in shares of VanEck BDC Income ETF by 12.9% during the third quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock worth $137,000 after buying an additional 947 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in VanEck BDC Income ETF by 31.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after acquiring an additional 2,396 shares in the last quarter. OLD National Bancorp IN purchased a new position in VanEck BDC Income ETF in the second quarter worth approximately $218,000. Finally, Seaview Investment Managers LLC purchased a new position in VanEck BDC Income ETF in the second quarter valued at $236,000.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA BIZD opened at $16.72 on Wednesday. The business has a 50-day moving average of $16.36 and a two-hundred day moving average of $16.56. The company has a market capitalization of $1.08 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.43.

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.