Putnam BDC Income ETF (NYSEARCA:PBDC) Stock Holdings Increased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. boosted its holdings in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 18.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,866 shares of the company’s stock after purchasing an additional 8,698 shares during the period. Avantax Advisory Services Inc. owned approximately 2.39% of Putnam BDC Income ETF worth $1,888,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Advyzon Investment Management LLC acquired a new stake in shares of Putnam BDC Income ETF during the 4th quarter valued at $203,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Putnam BDC Income ETF during the fourth quarter worth $243,000. Principal Securities Inc. lifted its holdings 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 valued at $315,000 after purchasing an additional 1,117 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of Putnam BDC Income ETF by 27.2% in the 4th quarter. D.A. Davidson & CO. now owns 12,353 shares of the company’s stock valued at $425,000 after purchasing an additional 2,638 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Putnam BDC Income ETF by 8.1% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 12,375 shares of the company’s stock worth $426,000 after purchasing an additional 931 shares in the last quarter.

Putnam BDC Income ETF Trading Up 1.5 %

PBDC stock opened at $34.42 on Tuesday. Putnam BDC Income ETF has a one year low of $30.76 and a one year high of $36.86. The firm has a 50-day moving average of $35.26 and a two-hundred day moving average of $34.35. The firm has a market capitalization of $187.59 million, a PE ratio of 9.68 and a beta of 0.68.

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.