Putnam BDC Income ETF (NYSEARCA:PBDC) Shares Purchased by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. increased its stake in Putnam BDC Income ETF (NYSEARCA:PBDC) by 40.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,456 shares of the company’s stock after purchasing an additional 12,837 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Putnam BDC Income ETF were worth $1,530,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of PBDC. Wealthcare Advisory Partners LLC raised its position in Putnam BDC Income ETF by 1.7% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 29,149 shares of the company’s stock worth $1,003,000 after buying an additional 486 shares during the last quarter. Prosperity Financial Group Inc. raised its holdings in shares of Putnam BDC Income ETF by 0.9% during the third quarter. Prosperity Financial Group Inc. now owns 83,838 shares of the company’s stock worth $2,833,000 after purchasing an additional 743 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of Putnam BDC Income ETF during the third quarter worth $33,000. Stonebridge Financial Planning Group LLC lifted its position in Putnam BDC Income ETF by 4.9% during the third quarter. Stonebridge Financial Planning Group LLC now owns 81,672 shares of the company’s stock valued at $2,760,000 after purchasing an additional 3,824 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in 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 purchasing an additional 4,646 shares during the last quarter.

Putnam BDC Income ETF Stock Performance

NYSEARCA PBDC opened at $35.58 on Friday. The firm has a market capitalization of $81.83 million, a P/E ratio of 15.69 and a beta of 0.51. The stock has a 50-day simple moving average of $34.81 and a two-hundred day simple moving average of $33.90. Putnam BDC Income ETF has a fifty-two week low of $30.76 and a fifty-two week high of $35.97.

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.