Clark Capital Management Group Inc. Decreases Stock Holdings in VanEck BDC Income ETF $BIZD

Clark Capital Management Group Inc. lowered its stake in shares of VanEck BDC Income ETF (NYSEARCA:BIZD) by 59.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,371 shares of the company’s stock after selling 321,085 shares during the quarter. Clark Capital Management Group Inc. owned about 0.20% of VanEck BDC Income ETF worth $3,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Ausdal Financial Partners Inc. lifted its position in shares of VanEck BDC Income ETF by 72.7% during the third quarter. Ausdal Financial Partners Inc. now owns 22,996 shares of the company’s stock valued at $344,000 after buying an additional 9,677 shares during the last quarter. Bank of America Corp DE grew its position in shares of VanEck BDC Income ETF by 16.7% in the 3rd quarter. Bank of America Corp DE now owns 6,181,178 shares of the company’s stock worth $92,347,000 after buying an additional 885,913 shares during the last quarter. Bard Associates Inc. grew its position in shares of VanEck BDC Income ETF by 33.2% in the 3rd quarter. Bard Associates Inc. now owns 668,781 shares of the company’s stock worth $9,992,000 after buying an additional 166,826 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of VanEck BDC Income ETF by 8.8% during the 3rd quarter. Raymond James Financial Inc. now owns 459,691 shares of the company’s stock worth $6,868,000 after acquiring an additional 37,009 shares in the last quarter. Finally, Equitable Holdings Inc. raised its stake in shares of VanEck BDC Income ETF by 17.3% during the 3rd quarter. Equitable Holdings Inc. now owns 286,953 shares of the company’s stock worth $4,287,000 after acquiring an additional 42,236 shares in the last quarter.

VanEck BDC Income ETF Stock Up 0.5%

NYSEARCA BIZD opened at $12.54 on Tuesday. VanEck BDC Income ETF has a 52 week low of $12.40 and a 52 week high of $17.10. The company has a 50 day moving average price of $13.61 and a 200 day moving average price of $14.28. The firm has a market cap of $1.42 billion, a PE ratio of 11.32 and a beta of 0.82.

VanEck BDC Income ETF Profile

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.