Wedbush Securities Inc. Has $1.59 Million Position in VanEck Vectors BDC Income ETF (NYSEARCA:BIZD)

Wedbush Securities Inc. boosted its position in shares of VanEck Vectors BDC Income ETF (NYSEARCA:BIZD) by 11.4% in the fourth quarter, Holdings Channel reports. The firm owned 94,600 shares of the company’s stock after purchasing an additional 9,680 shares during the period. Wedbush Securities Inc.’s holdings in VanEck Vectors BDC Income ETF were worth $1,585,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Gradient Investments LLC grew its holdings in VanEck Vectors BDC Income ETF by 16.2% during the fourth quarter. Gradient Investments LLC now owns 775,018 shares of the company’s stock valued at $12,982,000 after purchasing an additional 108,073 shares during the period. Royal Bank of Canada grew its holdings in VanEck Vectors BDC Income ETF by 12.9% during the second quarter. Royal Bank of Canada now owns 543,132 shares of the company’s stock valued at $9,026,000 after purchasing an additional 62,072 shares during the period. Wells Fargo & Company MN grew its holdings in VanEck Vectors BDC Income ETF by 2.3% during the second quarter. Wells Fargo & Company MN now owns 171,773 shares of the company’s stock valued at $2,855,000 after purchasing an additional 3,918 shares during the period. Cetera Advisor Networks LLC grew its holdings in VanEck Vectors BDC Income ETF by 3.8% during the third quarter. Cetera Advisor Networks LLC now owns 123,554 shares of the company’s stock valued at $2,078,000 after purchasing an additional 4,536 shares during the period. Finally, Private Advisor Group LLC grew its holdings in VanEck Vectors BDC Income ETF by 31.1% during the second quarter. Private Advisor Group LLC now owns 70,926 shares of the company’s stock valued at $1,179,000 after purchasing an additional 16,828 shares during the period.

Shares of NYSEARCA BIZD opened at $16.93 on Friday. The firm has a 50 day moving average price of $16.95 and a 200 day moving average price of $16.57. VanEck Vectors BDC Income ETF has a 52-week low of $15.38 and a 52-week high of $17.30.

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Tuesday, December 31st were issued a dividend of $0.3664 per share. This represents a $1.47 dividend on an annualized basis and a yield of 8.66%. The ex-dividend date of this dividend was Monday, December 30th.

Read More: What does cost of debt say about a company’s financial health?

Want to see what other hedge funds are holding BIZD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors BDC Income ETF (NYSEARCA:BIZD).

Institutional Ownership by Quarter for VanEck Vectors BDC Income ETF (NYSEARCA:BIZD)

Receive News & Ratings for VanEck Vectors BDC Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Vectors BDC Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.