BIZD Stock Summary and Trading Ideas (Vaneck Bdc Income ETF | ARCA:BIZD)

The VanEck BDC Income ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index (MVBIZDTG), a rules based index intended to track the overall performance of publicly traded business development companies.

Vaneck Bdc Income ETF trades on the ARCA stock market under the symbol BIZD.

As of April 25, 2024, BIZD stock price declined to $16.59 with 421,854 million shares trading.

BIZD has a beta of 0.50, meaning it tends to be less sensitive to market movements. BIZD has a correlation of 0.26 to the broad based SPY ETF.

BIZD has a market cap of $1.07 billion. This is considered a Small Cap stock.

In the last 3 years, BIZD stock traded as high as $18.11 and as low as $12.93.

BIZD has outperformed the market in the last year with a price return of +26.8% while the SPY ETF gained +23.1%. BIZD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +3.9% and +1.3%, respectively, while the SPY returned +3.6% and -2.5%, respectively.

BIZD support price is $16.58 and resistance is $16.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BIZD stock will trade within this expected range on the day.