Sugar Maple Asset Management LLC Makes New Investment in VanEck BDC Income ETF (NYSEARCA:BIZD)

Sugar Maple Asset Management LLC acquired a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, Holdings Channel.com reports. The fund acquired 3,448 shares of the company’s stock, valued at approximately $57,000.

Other large investors have also recently added to or reduced their stakes in the company. Mattson Financial Services LLC bought a new stake in VanEck BDC Income ETF during the second quarter worth about $46,000. Sound Income Strategies LLC grew its stake in 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 during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in 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 buying an additional 2,396 shares during the last quarter. Truist Financial Corp acquired a new position in shares of VanEck BDC Income ETF during the second quarter worth approximately $248,000. Finally, Larson Financial Group LLC lifted its position 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 in the last quarter.

VanEck BDC Income ETF Trading Up 0.2 %

Shares of BIZD stock opened at $17.06 on Tuesday. VanEck BDC Income ETF has a 1 year low of $15.18 and a 1 year high of $17.43. The firm’s 50 day moving average is $16.68 and its 200-day moving average is $16.47. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58.

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.