Money Concepts Capital Corp Invests $633,000 in VanEck BDC Income ETF (NYSEARCA:BIZD)

Money Concepts Capital Corp bought a new stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 38,066 shares of the company’s stock, valued at approximately $633,000. Money Concepts Capital Corp owned 0.06% of VanEck BDC Income ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AlphaMark Advisors LLC boosted its holdings in VanEck BDC Income ETF by 229.5% during the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after acquiring an additional 1,515 shares during the period. Sugar Maple Asset Management LLC purchased a new position in VanEck BDC Income ETF during the 4th quarter valued at about $57,000. Sound Income Strategies LLC boosted its holdings in VanEck BDC Income ETF by 12.9% during the 3rd quarter. Sound Income Strategies LLC now owns 8,261 shares of the company’s stock valued at $137,000 after acquiring an additional 947 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in VanEck BDC Income ETF by 31.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,058 shares of the company’s stock valued at $172,000 after acquiring an additional 2,396 shares during the period. Finally, Truist Financial Corp purchased a new position in VanEck BDC Income ETF during the 2nd quarter valued at about $248,000.

VanEck BDC Income ETF Price Performance

Shares of VanEck BDC Income ETF stock opened at $17.25 on Friday. The business has a 50-day moving average of $16.89 and a 200 day moving average of $16.51. VanEck BDC Income ETF has a 12 month low of $15.18 and a 12 month high of $17.53. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 18.42 and a beta of 0.58.

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.