Castlekeep Investment Advisors LLC Takes Position in Putnam BDC Income ETF $PBDC

Castlekeep Investment Advisors LLC purchased a new stake in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 27,393 shares of the company’s stock, valued at approximately $838,000.

Several other large investors have also recently modified their holdings of the business. J.W. Cole Advisors Inc. increased its position in shares of Putnam BDC Income ETF by 3.3% during the third quarter. J.W. Cole Advisors Inc. now owns 12,649 shares of the company’s stock worth $402,000 after buying an additional 405 shares during the period. Newbridge Financial Services Group Inc. increased its position in shares of Putnam BDC Income ETF by 0.9% during the third quarter. Newbridge Financial Services Group Inc. now owns 58,199 shares of the company’s stock worth $1,850,000 after buying an additional 503 shares during the period. Kestra Private Wealth Services LLC increased its position in shares of Putnam BDC Income ETF by 5.9% during the third quarter. Kestra Private Wealth Services LLC now owns 10,758 shares of the company’s stock worth $342,000 after buying an additional 595 shares during the period. Stonebridge Financial Planning Group LLC increased its position in shares of Putnam BDC Income ETF by 1.0% during the third 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 period. Finally, Advyzon Investment Management LLC increased its position in shares of Putnam BDC Income ETF by 12.2% during the third quarter. Advyzon Investment Management LLC now owns 8,872 shares of the company’s stock worth $282,000 after buying an additional 962 shares during the period.

Putnam BDC Income ETF Price Performance

PBDC opened at $27.20 on Thursday. Putnam BDC Income ETF has a twelve month low of $26.22 and a twelve month high of $35.18. The company has a fifty day moving average of $27.47 and a 200-day moving average of $29.02. The stock has a market cap of $265.20 million, a PE ratio of 10.61 and a beta of 0.55.

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. PBDC was launched on Sep 29, 2022 and is managed by Putnam.