Discipline Wealth Solutions LLC Purchases Shares of 19,051 Putnam BDC Income ETF $PBDC

Discipline Wealth Solutions LLC purchased a new position in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,051 shares of the company’s stock, valued at approximately $605,000. Discipline Wealth Solutions LLC owned approximately 0.26% of Putnam BDC Income ETF at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. increased its position in shares of Putnam BDC Income ETF by 1.6% in the first quarter. Raymond James Financial Inc. now owns 117,493 shares of the company’s stock valued at $4,072,000 after acquiring an additional 1,816 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Putnam BDC Income ETF during the 2nd quarter worth approximately $29,000. Wealthcare Advisory Partners LLC raised its stake in shares of Putnam BDC Income ETF by 12.7% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 42,446 shares of the company’s stock worth $1,436,000 after purchasing an additional 4,781 shares in the last quarter. Apollon Wealth Management LLC bought a new stake in shares of Putnam BDC Income ETF during the 2nd quarter worth approximately $1,435,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Putnam BDC Income ETF by 95.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 18,400 shares of the company’s stock valued at $623,000 after buying an additional 9,000 shares during the last quarter.

Putnam BDC Income ETF Trading Up 0.3%

NYSEARCA:PBDC opened at $30.60 on Friday. The stock has a market capitalization of $244.80 million, a PE ratio of 10.61 and a beta of 0.58. Putnam BDC Income ETF has a 1-year low of $27.85 and a 1-year high of $36.86. The firm has a fifty day simple moving average of $30.77 and a 200 day simple moving average of $32.22.

Putnam BDC Income ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 19th were paid a dividend of $0.8251 per share. The ex-dividend date was Friday, December 19th. This represents a $3.30 annualized dividend and a dividend yield of 10.8%. This is a boost from Putnam BDC Income ETF’s previous quarterly dividend of $0.82.

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. PBDC was launched on Sep 29, 2022 and is managed by Putnam.