Rockefeller Capital Management L.P. Makes New Investment in VanEck BDC Income ETF (NYSEARCA:BIZD)

Rockefeller Capital Management L.P. bought a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 88,010 shares of the company’s stock, valued at approximately $1,464,000.

Several other hedge funds have also modified their holdings of the stock. Cullen Frost Bankers Inc. acquired a new stake in VanEck BDC Income ETF in the fourth quarter valued at approximately $30,000. Jones Financial Companies Lllp purchased a new position in shares of VanEck BDC Income ETF in the fourth quarter valued at $31,000. AlphaMark Advisors LLC grew its holdings in VanEck BDC Income ETF by 229.5% during 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 in the last quarter. Hollencrest Capital Management purchased a new stake in VanEck BDC Income ETF during the 4th quarter worth $50,000. Finally, Sugar Maple Asset Management LLC acquired a new position in VanEck BDC Income ETF in the 4th quarter worth $57,000.

VanEck BDC Income ETF Price Performance

NYSEARCA:BIZD opened at $15.06 on Monday. The firm has a 50-day moving average of $16.42 and a two-hundred day moving average of $16.60. The stock has a market cap of $1.33 billion, a P/E ratio of 9.80 and a beta of 0.85. VanEck BDC Income ETF has a 1-year low of $13.50 and a 1-year high of $17.86.

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.