Cetera Investment Advisers Boosts Stock Position in Putnam BDC Income ETF (NYSEARCA:PBDC)

Cetera Investment Advisers raised its holdings in Putnam BDC Income ETF (NYSEARCA:PBDC) by 11.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,275 shares of the company’s stock after purchasing an additional 4,646 shares during the period. Cetera Investment Advisers owned about 2.01% of Putnam BDC Income ETF worth $1,602,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Condor Capital Management acquired a new stake in Putnam BDC Income ETF in the second quarter valued at $1,603,000. Stonebridge Financial Planning Group LLC lifted its position in shares of Putnam BDC Income ETF by 15.2% during the second quarter. Stonebridge Financial Planning Group LLC now owns 77,848 shares of the company’s stock worth $2,696,000 after purchasing an additional 10,256 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Putnam BDC Income ETF by 12.9% in the second quarter. Commonwealth Equity Services LLC now owns 154,464 shares of the company’s stock worth $5,349,000 after purchasing an additional 17,672 shares in the last quarter. Catalina Capital Group LLC bought a new stake in Putnam BDC Income ETF in the second quarter valued at about $303,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in Putnam BDC Income ETF by 39.3% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,752 shares of the company’s stock valued at $580,000 after buying an additional 4,722 shares in the last quarter.

Putnam BDC Income ETF Stock Up 0.4 %

NYSEARCA:PBDC opened at $33.27 on Tuesday. The company has a market cap of $76.52 million, a PE ratio of 15.69 and a beta of 0.51. The business’s 50 day moving average is $33.16 and its two-hundred day moving average is $33.78. Putnam BDC Income ETF has a 52 week low of $29.00 and a 52 week high of $35.35.

Putnam BDC Income ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 18th. Investors of record on Friday, October 4th will be paid a dividend of $0.8571 per share. The ex-dividend date of this dividend is Friday, October 4th. This is a boost from Putnam BDC Income ETF’s previous dividend of $0.79.

Putnam BDC Income ETF Company 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.