Putnam BDC Income ETF (NYSEARCA:PBDC) Shares Sold by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC lessened its holdings in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 0.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 135,285 shares of the company’s stock after selling 550 shares during the quarter. Putnam BDC Income ETF comprises approximately 0.8% of Evolution Wealth Advisors LLC’s holdings, making the stock its 26th largest position. Evolution Wealth Advisors LLC owned approximately 0.06% of Putnam BDC Income ETF worth $4,656,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cetera Investment Advisers lifted its holdings in shares of Putnam BDC Income ETF by 11.2% in the second quarter. Cetera Investment Advisers now owns 46,275 shares of the company’s stock valued at $1,602,000 after buying an additional 4,646 shares during the period. Stonebridge Financial Planning Group LLC lifted its holdings in shares of Putnam BDC Income ETF by 4.9% in the third quarter. Stonebridge Financial Planning Group LLC now owns 81,672 shares of the company’s stock valued at $2,760,000 after buying an additional 3,824 shares during the period. MML Investors Services LLC acquired a new stake in shares of Putnam BDC Income ETF in the third quarter valued at $554,000. Prosperity Financial Group Inc. lifted its holdings in shares of Putnam BDC Income ETF by 0.9% in the third quarter. Prosperity Financial Group Inc. now owns 83,838 shares of the company’s stock valued at $2,833,000 after buying an additional 743 shares during the period. Finally, Able Wealth Management LLC acquired a new stake in shares of Putnam BDC Income ETF in the third quarter valued at $318,000.

Putnam BDC Income ETF Stock Down 0.5 %

Shares of Putnam BDC Income ETF stock opened at $35.18 on Thursday. The firm has a market cap of $80.91 million, a price-to-earnings ratio of 15.69 and a beta of 0.51. The business has a fifty day simple moving average of $34.42 and a 200-day simple moving average of $33.79. Putnam BDC Income ETF has a fifty-two week low of $30.76 and a fifty-two week high of $35.37.

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.