D.A. Davidson & CO. Buys 2,638 Shares of Putnam BDC Income ETF (NYSEARCA:PBDC)

D.A. Davidson & CO. grew its stake in Putnam BDC Income ETF (NYSEARCA:PBDC) by 27.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,353 shares of the company’s stock after acquiring an additional 2,638 shares during the period. D.A. Davidson & CO. owned 0.54% of Putnam BDC Income ETF worth $425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. J.W. Cole Advisors Inc. bought a new stake in shares of Putnam BDC Income ETF during the fourth quarter worth approximately $243,000. Principal Securities Inc. raised its stake in shares of Putnam BDC Income ETF by 13.9% during the fourth quarter. Principal Securities Inc. now owns 9,142 shares of the company’s stock worth $315,000 after buying an additional 1,117 shares during the last quarter. Able Wealth Management LLC bought a new stake in shares of Putnam BDC Income ETF during the third quarter worth approximately $318,000. MML Investors Services LLC bought a new stake in shares of Putnam BDC Income ETF during the third quarter worth approximately $554,000. Finally, RFG Advisory LLC raised its stake in shares of Putnam BDC Income ETF by 224.3% during the fourth quarter. RFG Advisory LLC now owns 26,854 shares of the company’s stock worth $924,000 after buying an additional 18,573 shares during the last quarter.

Putnam BDC Income ETF Stock Performance

Shares of NYSEARCA PBDC opened at $36.07 on Wednesday. The firm has a 50 day moving average price of $35.16 and a 200 day moving average price of $34.14. The stock has a market cap of $186.84 million, a P/E ratio of 10.11 and a beta of 0.69. Putnam BDC Income ETF has a 52-week low of $30.76 and a 52-week high of $36.86.

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.