VanEck BDC Income ETF (NYSEARCA:BIZD) Position Increased by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its stake in VanEck BDC Income ETF (NYSEARCA:BIZD) by 42.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 156,094 shares of the company’s stock after acquiring an additional 46,354 shares during the period. Sanctuary Advisors LLC’s holdings in VanEck BDC Income ETF were worth $2,602,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Millennium Management LLC increased its position in VanEck BDC Income ETF by 45.0% in the 2nd quarter. Millennium Management LLC now owns 1,240,908 shares of the company’s stock valued at $21,232,000 after acquiring an additional 385,244 shares during the period. Condor Capital Management increased its position in VanEck BDC Income ETF by 7.7% in 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. Commonwealth Equity Services LLC increased its position in VanEck BDC Income ETF by 7.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 386,630 shares of the company’s stock valued at $6,615,000 after acquiring an additional 26,915 shares during the period. NewEdge Advisors LLC increased its position in VanEck BDC Income ETF by 53.5% in the 2nd quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock valued at $6,522,000 after acquiring an additional 132,890 shares during the period. Finally, Foundations Investment Advisors LLC increased its position in VanEck BDC Income ETF by 15.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 269,144 shares of the company’s stock valued at $4,457,000 after acquiring an additional 35,420 shares during the period.

VanEck BDC Income ETF Price Performance

BIZD opened at $16.65 on Wednesday. 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 cap of $1.08 billion, a P/E ratio of 18.42 and a beta of 0.58. The stock’s 50 day moving average price is $16.51 and its 200 day moving average price is $16.54.

About VanEck BDC Income ETF

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.