66,469 Shares in Putnam BDC Income ETF $PBDC Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC bought a new stake in Putnam BDC Income ETF (NYSEARCA:PBDC) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 66,469 shares of the company’s stock, valued at approximately $1,833,000. NewEdge Advisors LLC owned about 0.68% of Putnam BDC Income ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC purchased a new position in shares of Putnam BDC Income ETF during the fourth quarter worth $31,000. Encompass More Asset Management acquired a new position in Putnam BDC Income ETF during the 4th quarter worth about $214,000. Guidance Capital Inc. purchased a new position in Putnam BDC Income ETF during the 4th quarter valued at about $247,000. Focused Alpha LLC acquired a new position in Putnam BDC Income ETF in the 4th quarter valued at about $277,000. Finally, HighTower Advisors LLC purchased a new stake in Putnam BDC Income ETF during the fourth quarter worth about $280,000.

Putnam BDC Income ETF Stock Performance

Shares of PBDC opened at $26.38 on Friday. The company’s 50-day simple moving average is $26.86 and its 200-day simple moving average is $27.73. Putnam BDC Income ETF has a 1 year low of $25.94 and a 1 year high of $34.07. The stock has a market capitalization of $281.74 million, a PE ratio of 10.61 and a beta of 0.52.

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.