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

Prosperity Financial Group Inc. raised its holdings in Putnam BDC Income ETF (NYSEARCA:PBDC) by 0.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,838 shares of the company’s stock after acquiring an additional 743 shares during the quarter. Putnam BDC Income ETF accounts for about 1.6% of Prosperity Financial Group Inc.’s portfolio, making the stock its 15th biggest holding. Prosperity Financial Group Inc. owned 3.65% of Putnam BDC Income ETF worth $2,833,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of PBDC. NBC Securities Inc. bought a new stake in shares of Putnam BDC Income ETF in the 3rd quarter worth approximately $33,000. Comerica Bank increased 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 valued at $115,000 after buying an additional 900 shares in the last quarter. Catalina Capital Group LLC acquired a new stake in shares of Putnam BDC Income ETF during the 2nd quarter valued at $303,000. CWM LLC boosted its stake in shares of Putnam BDC Income ETF by 7.3% during the 2nd quarter. CWM LLC now owns 8,850 shares of the company’s stock worth $306,000 after acquiring an additional 600 shares in the last quarter. Finally, Able Wealth Management LLC bought a new stake in shares of Putnam BDC Income ETF during the 3rd quarter worth $318,000.

Putnam BDC Income ETF Stock Up 1.1 %

Shares of Putnam BDC Income ETF stock opened at $34.19 on Monday. Putnam BDC Income ETF has a 12-month low of $30.76 and a 12-month high of $35.35. The firm has a market capitalization of $78.64 million, a PE ratio of 15.69 and a beta of 0.51. The stock’s fifty day moving average is $33.53 and its 200-day moving average is $33.78.

Putnam BDC Income ETF Increases Dividend

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

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.