G2 Capital Management LLC OH Invests $663,000 in Putnam BDC Income ETF $PBDC

G2 Capital Management LLC OH purchased a new position in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 101,416 shares of the company’s stock, valued at approximately $663,000. Putnam BDC Income ETF accounts for approximately 0.1% of G2 Capital Management LLC OH’s portfolio, making the stock its 22nd biggest holding. G2 Capital Management LLC OH owned approximately 0.95% of Putnam BDC Income ETF at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in PBDC. Raymond James Financial Inc. increased its position in shares of Putnam BDC Income ETF by 60.4% during the second quarter. Raymond James Financial Inc. now owns 188,406 shares of the company’s stock valued at $6,376,000 after buying an additional 70,913 shares during the period. Corient Private Wealth LLC boosted its position in shares of Putnam BDC Income ETF by 30.8% in the second quarter. Corient Private Wealth LLC now owns 81,114 shares of the company’s stock valued at $2,745,000 after acquiring an additional 19,086 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Putnam BDC Income ETF by 27.5% in the third quarter. Envestnet Asset Management Inc. now owns 22,013 shares of the company’s stock valued at $700,000 after acquiring an additional 4,751 shares during the period. UBS Group AG grew its stake in Putnam BDC Income ETF by 643.0% during the third quarter. UBS Group AG now owns 17,751 shares of the company’s stock valued at $564,000 after acquiring an additional 15,362 shares in the last quarter. Finally, Prosperity Financial Group Inc. grew its stake in Putnam BDC Income ETF by 13.4% during the third quarter. Prosperity Financial Group Inc. now owns 55,012 shares of the company’s stock valued at $1,748,000 after acquiring an additional 6,482 shares in the last quarter.

Putnam BDC Income ETF Trading Down 0.1%

Putnam BDC Income ETF stock opened at $28.07 on Friday. The firm’s 50 day simple moving average is $27.08 and its 200 day simple moving average is $27.44. The firm has a market capitalization of $301.19 million, a PE ratio of 10.61 and a beta of 0.52. Putnam BDC Income ETF has a 1-year low of $25.94 and a 1-year high of $34.00.

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.