Putnam BDC Income ETF $PBDC Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC lessened its holdings in Putnam BDC Income ETF (NYSEARCA:PBDC) by 61.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,984 shares of the company’s stock after selling 23,616 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.18% of Putnam BDC Income ETF worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Accurate Wealth Management LLC purchased a new position in shares of Putnam BDC Income ETF during the 4th quarter worth approximately $332,000. Confluence Investment Management LLC purchased a new stake in shares of Putnam BDC Income ETF in the fourth quarter valued at approximately $846,000. GoalVest Advisory LLC acquired a new position in Putnam BDC Income ETF during the fourth quarter worth $1,047,000. Miller Global Investments LLC purchased a new position in Putnam BDC Income ETF in the fourth quarter worth $44,000. Finally, Stonebridge Financial Planning Group LLC lifted its holdings in Putnam BDC Income ETF by 1.0% in the third quarter. Stonebridge Financial Planning Group LLC now owns 88,299 shares of the company’s stock valued at $2,806,000 after acquiring an additional 854 shares during the period.

Putnam BDC Income ETF Stock Performance

Shares of NYSEARCA PBDC opened at $27.12 on Thursday. The firm has a market capitalization of $248.15 million, a P/E ratio of 10.61 and a beta of 0.58. Putnam BDC Income ETF has a one year low of $26.22 and a one year high of $35.18. The company’s fifty day moving average is $28.21 and its two-hundred day moving average is $29.97.

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.