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

Evolution Wealth Advisors LLC lowered its holdings in Putnam BDC Income ETF (NYSEARCA:PBDC) by 0.4% in the fourth quarter, according to the company in its most recent disclosure 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 accounts for about 0.8% of Evolution Wealth Advisors LLC’s holdings, making the stock its 26th biggest position. Evolution Wealth Advisors LLC owned about 5.88% of Putnam BDC Income ETF worth $4,656,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in shares of Putnam BDC Income ETF in the third quarter valued at $33,000. Able Wealth Management LLC purchased a new position in shares of Putnam BDC Income ETF in the third quarter valued at $318,000. MML Investors Services LLC purchased a new position in shares of Putnam BDC Income ETF in the third quarter valued at $554,000. Wealthcare Advisory Partners LLC increased its position in shares of Putnam BDC Income ETF by 1.7% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 29,149 shares of the company’s stock valued at $1,003,000 after buying an additional 486 shares in the last quarter. Finally, Cetera Investment Advisers increased its position 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 in the last quarter.

Putnam BDC Income ETF Stock Down 0.5 %

Shares of PBDC stock opened at $35.18 on Thursday. Putnam BDC Income ETF has a fifty-two week low of $30.76 and a fifty-two week high of $35.37. The stock has a market cap of $80.91 million, a P/E 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.

About Putnam BDC Income ETF

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.