B. Riley Wealth Advisors Inc. Purchases 12,841 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

B. Riley Wealth Advisors Inc. increased its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 21.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,585 shares of the company’s stock after acquiring an additional 12,841 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in VanEck BDC Income ETF were worth $1,148,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BIZD. International Assets Investment Management LLC lifted its holdings in shares of VanEck BDC Income ETF by 545.1% during the fourth quarter. International Assets Investment Management LLC now owns 1,306,120 shares of the company’s stock valued at $20,950,000 after purchasing an additional 1,103,647 shares in the last quarter. Condor Capital Management lifted its stake in VanEck BDC Income ETF by 6.1% during the 1st quarter. Condor Capital Management now owns 908,891 shares of the company’s stock valued at $15,360,000 after acquiring an additional 51,991 shares during the period. Wells Fargo & Company MN grew its stake in shares of VanEck BDC Income ETF by 13.0% in the fourth quarter. Wells Fargo & Company MN now owns 896,986 shares of the company’s stock worth $14,388,000 after acquiring an additional 103,466 shares during the period. Hilltop Holdings Inc. raised its holdings in shares of VanEck BDC Income ETF by 37.9% during the fourth quarter. Hilltop Holdings Inc. now owns 706,069 shares of the company’s stock valued at $11,325,000 after purchasing an additional 193,888 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in VanEck BDC Income ETF during the first quarter valued at approximately $7,782,000.

VanEck BDC Income ETF Trading Up 0.1 %

Shares of BIZD stock opened at $16.67 on Thursday. The stock has a market capitalization of $1.08 billion, a P/E ratio of 18.42 and a beta of 0.58. The firm’s 50 day moving average is $16.97 and its 200 day moving average is $16.64. VanEck BDC Income ETF has a 12-month low of $14.60 and a 12-month high of $17.43.

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.