Putnam BDC Income ETF (NYSEARCA:PBDC) Holdings Lowered by Cwm LLC

Cwm LLC lowered its stake in Putnam BDC Income ETF (NYSEARCA:PBDC) by 9.6% during the third quarter, HoldingsChannel reports. The firm owned 8,000 shares of the company’s stock after selling 850 shares during the period. Cwm LLC’s holdings in Putnam BDC Income ETF were worth $270,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Comerica Bank boosted its holdings in shares of Putnam BDC Income ETF by 36.0% in the first quarter. Comerica Bank now owns 3,400 shares of the company’s stock worth $115,000 after buying an additional 900 shares during the period. Catalina Capital Group LLC purchased a new stake in shares of Putnam BDC Income ETF in the 2nd quarter valued at approximately $303,000. Hartline Investment Corp purchased a new position in Putnam BDC Income ETF during the 1st quarter worth approximately $408,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in Putnam BDC Income ETF by 39.3% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 16,752 shares of the company’s stock worth $580,000 after purchasing an additional 4,722 shares in the last quarter. Finally, Avantax Advisory Services Inc. purchased a new stake in shares of Putnam BDC Income ETF in the first quarter valued at $871,000.

Putnam BDC Income ETF Stock Up 0.5 %

Shares of Putnam BDC Income ETF stock opened at $33.96 on Tuesday. Putnam BDC Income ETF has a 12 month low of $29.00 and a 12 month high of $35.35. The stock has a market cap of $78.11 million, a PE ratio of 15.69 and a beta of 0.51. The business has a fifty day simple moving average of $33.34 and a 200-day simple moving average of $33.78.

Putnam BDC Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were given a dividend of $0.8571 per share. The ex-dividend date was Friday, October 4th. This is a positive change from Putnam BDC Income ETF’s previous dividend of $0.79.

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.