Putnam BDC Income ETF (NYSEARCA:PBDC) Position Lifted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC raised its stake in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 7.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,386 shares of the company’s stock after acquiring an additional 2,864 shares during the quarter. Wealthcare Advisory Partners LLC owned approximately 1.90% of Putnam BDC Income ETF worth $1,404,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new position in Putnam BDC Income ETF during the 1st quarter valued at $40,000. CWM LLC raised its holdings in shares of Putnam BDC Income ETF by 92.1% during the fourth quarter. CWM LLC now owns 7,300 shares of the company’s stock worth $231,000 after purchasing an additional 3,500 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Putnam BDC Income ETF during the fourth quarter worth $241,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Putnam BDC Income ETF during the fourth quarter worth $951,000. Finally, Stonebridge Financial Planning Group LLC raised its holdings in shares of Putnam BDC Income ETF by 27.0% during the fourth quarter. Stonebridge Financial Planning Group LLC now owns 61,777 shares of the company’s stock worth $1,956,000 after purchasing an additional 13,120 shares during the period.

Putnam BDC Income ETF Stock Performance

Shares of NYSEARCA:PBDC opened at $34.62 on Friday. The stock has a market capitalization of $79.63 million, a price-to-earnings ratio of 15.69 and a beta of 0.51. Putnam BDC Income ETF has a 1-year low of $29.00 and a 1-year high of $35.06. The company’s fifty day moving average is $34.31 and its two-hundred day moving average is $33.12.

Putnam BDC Income ETF Profile

The Putnam BDC Income ETF (PBDC) is an exchange-traded fund that mostly invests in financials equity. The fund is actively managed to hold a portfolio of US business development companies (BDCs) whose principal business is to invest in, lend capital to, or provide services to privately held or thinly traded US companies.