Capital Advisory Group Advisory Services LLC Makes New Investment in VanEck BDC Income ETF (NYSEARCA:BIZD)

Capital Advisory Group Advisory Services LLC acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,400 shares of the company’s stock, valued at approximately $239,000.

Other large investors have also made changes to their positions in the company. AlphaMark Advisors LLC lifted its stake in shares of VanEck BDC Income ETF by 229.5% in the 4th quarter. AlphaMark Advisors LLC now owns 2,175 shares of the company’s stock valued at $36,000 after purchasing an additional 1,515 shares during the period. Sugar Maple Asset Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth about $57,000. Centricity Wealth Management LLC purchased a new stake in shares of VanEck BDC Income ETF during the 4th quarter worth about $102,000. MGB Wealth Management LLC increased its stake in shares of VanEck BDC Income ETF by 11.0% in the 4th quarter. MGB Wealth Management LLC now owns 7,493 shares of the company’s stock valued at $125,000 after purchasing an additional 743 shares in the last quarter. Finally, Insight Advisors LLC PA purchased a new position in shares of VanEck BDC Income ETF in the 4th quarter valued at about $203,000.

VanEck BDC Income ETF Price Performance

Shares of BIZD stock opened at $17.72 on Friday. The stock has a 50 day simple moving average of $17.03 and a 200-day simple moving average of $16.58. VanEck BDC Income ETF has a 1-year low of $15.18 and a 1-year high of $17.86. The company has a market cap of $1.15 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.