B. Riley Wealth Advisors Inc. Sells 2,655 Shares of VanEck BDC Income ETF (NYSEARCA:BIZD)

B. Riley Wealth Advisors Inc. lowered its position in VanEck BDC Income ETF (NYSEARCA:BIZD) by 6.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,276 shares of the company’s stock after selling 2,655 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.06% of VanEck BDC Income ETF worth $618,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of BIZD. Millennium Management LLC boosted its stake in shares of 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 purchasing an additional 385,244 shares in the last quarter. Foundations Investment Advisors LLC purchased a new stake in VanEck BDC Income ETF during the second quarter valued at about $3,999,000. Arkadios Wealth Advisors grew its stake in shares of VanEck BDC Income ETF by 885.8% during the second quarter. Arkadios Wealth Advisors now owns 180,405 shares of the company’s stock valued at $3,087,000 after buying an additional 162,105 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings 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 worth $4,024,000 after buying an additional 133,044 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of VanEck BDC Income ETF by 53.5% in the second quarter. NewEdge Advisors LLC now owns 381,203 shares of the company’s stock worth $6,522,000 after buying an additional 132,890 shares during the period.

VanEck BDC Income ETF Price Performance

Shares of BIZD stock opened at $16.42 on Thursday. The business has a 50-day moving average of $16.52 and a 200 day moving average of $16.53. VanEck BDC Income ETF has a 1-year low of $15.18 and a 1-year high of $17.43. 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.