Steward Partners Investment Advisory LLC Boosts Holdings in Putnam BDC Income ETF (NYSEARCA:PBDC)

Steward Partners Investment Advisory LLC grew its position in Putnam BDC Income ETF (NYSEARCA:PBDC) by 13.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 58,856 shares of the company’s stock after acquiring an additional 7,021 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Putnam BDC Income ETF were worth $2,026,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Principal Securities Inc. increased its stake in Putnam BDC Income ETF by 13.9% in the 4th quarter. Principal Securities Inc. now owns 9,142 shares of the company’s stock worth $315,000 after acquiring an additional 1,117 shares during the last quarter. D.A. Davidson & CO. increased its stake in 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 worth $425,000 after acquiring an additional 2,638 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in Putnam BDC Income ETF in the 4th quarter worth approximately $243,000. Stonebridge Financial Planning Group LLC increased its stake in Putnam BDC Income ETF by 4.9% in the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 81,672 shares of the company’s stock worth $2,760,000 after acquiring an additional 3,824 shares during the last quarter. Finally, RFG Advisory LLC increased its stake in Putnam BDC Income ETF by 224.3% in the 4th quarter. RFG Advisory LLC now owns 26,854 shares of the company’s stock worth $924,000 after acquiring an additional 18,573 shares during the last quarter.

Putnam BDC Income ETF Price Performance

NYSEARCA:PBDC opened at $35.05 on Friday. The company has a market cap of $181.56 million, a price-to-earnings ratio of 10.11 and a beta of 0.69. The stock’s 50 day simple moving average is $35.32 and its two-hundred day simple moving average is $34.30. Putnam BDC Income ETF has a 1 year low of $30.76 and a 1 year high of $36.86.

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.