Graypoint LLC Boosts Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Graypoint LLC boosted its holdings in VanEck BDC Income ETF (NYSEARCA:BIZD) by 505.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 129,634 shares of the company’s stock after purchasing an additional 108,207 shares during the quarter. Graypoint LLC’s holdings in VanEck BDC Income ETF were worth $2,156,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Mattson Financial Services LLC purchased a new position in shares of VanEck BDC Income ETF during the second quarter worth about $46,000. Sound Income Strategies LLC grew its holdings 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 purchasing an additional 947 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of VanEck BDC Income ETF by 31.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock worth $172,000 after purchasing an additional 2,396 shares during the last quarter. Truist Financial Corp purchased a new position in shares of VanEck BDC Income ETF during the second quarter worth about $248,000. Finally, Larson Financial Group LLC grew its holdings in shares of VanEck BDC Income ETF by 7.6% during the third quarter. Larson Financial Group LLC now owns 15,744 shares of the company’s stock worth $261,000 after purchasing an additional 1,115 shares during the last quarter.

VanEck BDC Income ETF Stock Performance

Shares of BIZD stock opened at $16.42 on Friday. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.43. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The stock’s 50-day moving average is $16.62 and its two-hundred day moving average is $16.49.

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.