Wealthcare Advisory Partners LLC Decreases Holdings in Putnam BDC Income ETF $PBDC

Wealthcare Advisory Partners LLC lowered its position in Putnam BDC Income ETF (NYSEARCA:PBDC) by 61.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,984 shares of the company’s stock after selling 23,616 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Putnam BDC Income ETF were worth $459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Accurate Wealth Management LLC acquired a new position in Putnam BDC Income ETF during the fourth quarter worth $332,000. Confluence Investment Management LLC purchased a new position in shares of Putnam BDC Income ETF in the fourth quarter valued at $846,000. GoalVest Advisory LLC purchased a new position in shares of Putnam BDC Income ETF in the fourth quarter valued at $1,047,000. Miller Global Investments LLC acquired a new position in shares of Putnam BDC Income ETF during the 4th quarter worth $44,000. Finally, Stonebridge Financial Planning Group LLC raised its stake in shares of Putnam BDC Income ETF by 1.0% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 88,299 shares of the company’s stock worth $2,806,000 after buying an additional 854 shares during the last quarter.

Putnam BDC Income ETF Stock Down 1.7%

Putnam BDC Income ETF stock opened at $27.12 on Thursday. The firm has a market capitalization of $248.15 million, a PE ratio of 10.61 and a beta of 0.58. Putnam BDC Income ETF has a 52 week low of $26.22 and a 52 week high of $35.18. The firm’s 50-day simple moving average is $28.21 and its 200 day simple moving average is $29.97.

Putnam BDC Income ETF 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.