Oppenheimer & Co. Inc. Has $284,000 Stock Position in VanEck BDC Income ETF (NYSEARCA:BIZD)

Oppenheimer & Co. Inc. boosted its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 24.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,124 shares of the company’s stock after acquiring an additional 3,316 shares during the period. Oppenheimer & Co. Inc.’s holdings in VanEck BDC Income ETF were worth $284,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp bought a new position in shares of VanEck BDC Income ETF in the 2nd quarter worth about $248,000. Envestnet Asset Management Inc. increased its holdings in VanEck BDC Income ETF by 130.2% in the second quarter. Envestnet Asset Management Inc. now owns 235,203 shares of the company’s stock worth $4,024,000 after purchasing an additional 133,044 shares in the last quarter. Raymond James & Associates lifted its stake in VanEck BDC Income ETF by 206.1% in the third quarter. Raymond James & Associates now owns 166,398 shares of the company’s stock valued at $2,756,000 after buying an additional 112,039 shares during the period. Condor Capital Management lifted its position in shares of VanEck BDC Income ETF by 7.7% during the 2nd quarter. Condor Capital Management now owns 978,936 shares of the company’s stock valued at $16,750,000 after acquiring an additional 70,045 shares during the period. Finally, Harbour Investments Inc. lifted its position in shares of VanEck BDC Income ETF by 9.7% during the 2nd quarter. Harbour Investments Inc. now owns 28,052 shares of the company’s stock valued at $480,000 after acquiring an additional 2,483 shares during the period.

VanEck BDC Income ETF Trading Up 1.1 %

NYSEARCA:BIZD opened at $16.66 on Friday. VanEck BDC Income ETF has a 12 month low of $15.18 and a 12 month high of $17.43. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58. The firm has a fifty day simple moving average of $16.34 and a two-hundred day simple moving average of $16.57.

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.