Silver Oak Securities Incorporated Makes New Investment in VanEck BDC Income ETF (NYSEARCA:BIZD)

Silver Oak Securities Incorporated acquired a new position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, Holdings Channel reports. The fund acquired 16,959 shares of the company’s stock, valued at approximately $281,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AlphaMark Advisors LLC boosted its stake in VanEck BDC Income ETF by 229.5% in the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock worth $36,000 after buying an additional 1,515 shares during the last quarter. Sugar Maple Asset Management LLC purchased a new position in shares of VanEck BDC Income ETF during the 4th quarter worth about $57,000. Sound Income Strategies LLC boosted its position in shares of VanEck BDC Income ETF by 12.9% in the third 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 last quarter. Insight Advisors LLC PA purchased a new stake in VanEck BDC Income ETF in the fourth quarter valued at approximately $203,000. Finally, Truist Financial Corp purchased a new stake in VanEck BDC Income ETF in the second quarter valued at approximately $248,000.

VanEck BDC Income ETF Price Performance

NYSEARCA:BIZD opened at $17.25 on Monday. The company has a market cap of $1.12 billion, a P/E ratio of 18.42 and a beta of 0.58. The firm’s 50 day moving average is $16.91 and its two-hundred day moving average is $16.52. VanEck BDC Income ETF has a fifty-two week low of $15.18 and a fifty-two week high of $17.53.

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.