Millennium Management LLC Increases Holdings in VanEck BDC Income ETF (NYSEARCA:BIZD)

Millennium Management LLC increased its holdings in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 45.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,240,908 shares of the company’s stock after purchasing an additional 385,244 shares during the quarter. Millennium Management LLC owned approximately 1.92% of VanEck BDC Income ETF worth $21,232,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BIZD. Stifel Financial Corp grew its holdings in shares of VanEck BDC Income ETF by 2.7% in the fourth quarter. Stifel Financial Corp now owns 298,624 shares of the company’s stock valued at $4,790,000 after purchasing an additional 7,796 shares in the last quarter. Creekmur Asset Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter valued at about $150,000. Park Avenue Securities LLC raised its position in shares of VanEck BDC Income ETF by 62.1% during the 1st quarter. Park Avenue Securities LLC now owns 34,507 shares of the company’s stock valued at $583,000 after buying an additional 13,217 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of VanEck BDC Income ETF by 11.2% in the 1st quarter. International Assets Investment Management LLC now owns 90,579 shares of the company’s stock valued at $1,473,000 after acquiring an additional 9,150 shares during the last quarter. Finally, Global Assets Advisory LLC purchased a new position in VanEck BDC Income ETF in the first quarter worth about $1,134,000.

VanEck BDC Income ETF Stock Performance

NYSEARCA BIZD opened at $16.23 on Friday. The company has a market cap of $1.05 billion, a P/E ratio of 18.42 and a beta of 0.58. The business’s 50 day moving average price is $16.23 and its 200-day moving average price is $16.61. VanEck BDC Income ETF has a fifty-two week low of $14.60 and a fifty-two week 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.