Principal Securities Inc. Grows Stock Holdings in Putnam BDC Income ETF (NYSEARCA:PBDC)

Principal Securities Inc. increased its position in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,142 shares of the company’s stock after purchasing an additional 1,117 shares during the period. Principal Securities Inc. owned 0.40% of Putnam BDC Income ETF worth $315,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of PBDC. Able Wealth Management LLC acquired a new position in shares of Putnam BDC Income ETF during the 3rd quarter worth about $318,000. Stonebridge Financial Planning Group LLC lifted its stake in Putnam BDC Income ETF by 4.9% during the third quarter. Stonebridge Financial Planning Group LLC now owns 81,672 shares of the company’s stock worth $2,760,000 after purchasing an additional 3,824 shares during the last quarter. Prosperity Financial Group Inc. boosted its holdings in Putnam BDC Income ETF by 0.9% in the third quarter. Prosperity Financial Group Inc. now owns 83,838 shares of the company’s stock valued at $2,833,000 after purchasing an additional 743 shares in the last quarter. MML Investors Services LLC purchased a new position in Putnam BDC Income ETF in the third quarter valued at approximately $554,000. Finally, Wealthcare Advisory Partners LLC raised its holdings in Putnam BDC Income ETF by 1.7% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 29,149 shares of the company’s stock worth $1,003,000 after purchasing an additional 486 shares in the last quarter.

Putnam BDC Income ETF Trading Down 0.2 %

Shares of NYSEARCA:PBDC opened at $36.48 on Friday. The firm has a 50 day simple moving average of $35.13 and a 200-day simple moving average of $34.10. Putnam BDC Income ETF has a twelve month low of $30.76 and a twelve month high of $36.86. The company has a market capitalization of $188.97 million, a PE ratio of 10.11 and a beta of 0.69.

About Putnam BDC Income ETF

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.