Commonwealth Equity Services LLC Acquires 1,974 Shares of Putnam BDC Income ETF (NYSEARCA:PBDC)

Commonwealth Equity Services LLC lifted its holdings in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,260 shares of the company’s stock after acquiring an additional 1,974 shares during the quarter. Commonwealth Equity Services LLC owned approximately 4.49% of Putnam BDC Income ETF worth $3,554,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PBDC. Raymond James Financial Inc. bought a new stake in Putnam BDC Income ETF during the 4th quarter valued at approximately $3,982,000. RFG Advisory LLC lifted its stake in shares of Putnam BDC Income ETF by 224.3% in the 4th quarter. RFG Advisory LLC now owns 26,854 shares of the company’s stock valued at $924,000 after purchasing an additional 18,573 shares during the period. MML Investors Services LLC bought a new stake in shares of Putnam BDC Income ETF during the third quarter valued at approximately $554,000. Newbridge Financial Services Group Inc. grew its stake in Putnam BDC Income ETF by 40.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 44,456 shares of the company’s stock worth $1,530,000 after purchasing an additional 12,837 shares during the period. Finally, Avantax Advisory Services Inc. raised its holdings in Putnam BDC Income ETF by 18.8% in the fourth quarter. Avantax Advisory Services Inc. now owns 54,866 shares of the company’s stock worth $1,888,000 after purchasing an additional 8,698 shares in the last quarter.

Putnam BDC Income ETF Price Performance

Shares of NYSEARCA PBDC opened at $35.02 on Tuesday. The stock has a market cap of $190.86 million, a P/E ratio of 9.68 and a beta of 0.68. Putnam BDC Income ETF has a 1 year low of $30.76 and a 1 year high of $36.86. The firm has a 50-day moving average of $35.33 and a 200 day moving average of $34.39.

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.