Napa Wealth Management Buys 17,349 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

Napa Wealth Management raised its position in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 43.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,123 shares of the company’s stock after acquiring an additional 17,349 shares during the period. Napa Wealth Management owned approximately 0.09% of VanEck BDC Income ETF worth $946,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truist Financial Corp bought a new stake in VanEck BDC Income ETF in the 2nd quarter valued at $248,000. Envestnet Asset Management Inc. grew its stake in shares of 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 valued at $4,024,000 after acquiring an additional 133,044 shares in the last quarter. Raymond James & Associates increased its position in VanEck BDC Income ETF by 206.1% during the third quarter. Raymond James & Associates now owns 166,398 shares of the company’s stock worth $2,756,000 after acquiring an additional 112,039 shares during the period. Condor Capital Management raised its stake 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 worth $16,750,000 after purchasing an additional 70,045 shares in the last quarter. Finally, Harbour Investments Inc. boosted its holdings in VanEck BDC Income ETF by 9.7% in the 2nd quarter. Harbour Investments Inc. now owns 28,052 shares of the company’s stock valued at $480,000 after purchasing an additional 2,483 shares during the period.

VanEck BDC Income ETF Trading Down 0.1 %

Shares of BIZD opened at $16.30 on Monday. VanEck BDC Income ETF has a 12 month low of $15.18 and a 12 month high of $17.43. The firm’s 50 day moving average is $16.32 and its 200-day moving average is $16.57. The stock has a market capitalization of $1.06 billion, a PE 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.