Putnam BDC Income ETF $PBDC Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its holdings in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 12,450.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,652 shares of the company’s stock after purchasing an additional 37,352 shares during the period. Farther Finance Advisors LLC owned 0.45% of Putnam BDC Income ETF worth $1,152,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PBDC. Miller Global Investments LLC acquired a new stake in shares of Putnam BDC Income ETF during the fourth quarter worth $44,000. Guidance Capital Inc. acquired a new stake in shares of Putnam BDC Income ETF during the fourth quarter worth $247,000. Advyzon Investment Management LLC raised its holdings in shares of Putnam BDC Income ETF by 12.2% during the third quarter. Advyzon Investment Management LLC now owns 8,872 shares of the company’s stock worth $282,000 after purchasing an additional 962 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Putnam BDC Income ETF by 20.1% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,128 shares of the company’s stock worth $290,000 after acquiring an additional 1,528 shares during the last quarter. Finally, Accurate Wealth Management LLC bought a new position in shares of Putnam BDC Income ETF during the fourth quarter worth about $332,000.

Putnam BDC Income ETF Stock Performance

Putnam BDC Income ETF stock opened at $27.85 on Wednesday. The company has a 50-day simple moving average of $27.59 and a 200-day simple moving average of $29.50. The firm has a market capitalization of $259.01 million, a P/E ratio of 10.61 and a beta of 0.55. Putnam BDC Income ETF has a one year low of $26.22 and a one year high of $35.18.

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