Avantax Advisory Services Inc. Has $1.89 Million Stock Holdings in Putnam BDC Income ETF (NYSEARCA:PBDC)

Avantax Advisory Services Inc. grew its stake in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 18.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 54,866 shares of the company’s stock after acquiring an additional 8,698 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Putnam BDC Income ETF were worth $1,888,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PBDC. Raymond James Financial Inc. bought a new stake in Putnam BDC Income ETF during the fourth quarter worth about $3,982,000. RFG Advisory LLC lifted its holdings in shares of Putnam BDC Income ETF by 224.3% during the 4th quarter. RFG Advisory LLC now owns 26,854 shares of the company’s stock worth $924,000 after acquiring an additional 18,573 shares during the period. MML Investors Services LLC acquired a new stake in shares of Putnam BDC Income ETF during the 3rd quarter worth approximately $554,000. Newbridge Financial Services Group Inc. increased its stake in Putnam BDC Income ETF by 40.6% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 44,456 shares of the company’s stock valued at $1,530,000 after acquiring an additional 12,837 shares during the last quarter. Finally, J.W. Cole Advisors Inc. acquired a new position in Putnam BDC Income ETF during the fourth quarter valued at approximately $243,000.

Putnam BDC Income ETF Price Performance

NYSEARCA PBDC opened at $34.42 on Tuesday. The business has a fifty day moving average price of $35.26 and a two-hundred day moving average price of $34.35. The stock has a market capitalization of $187.59 million, a PE ratio of 9.68 and a beta of 0.68. Putnam BDC Income ETF has a fifty-two week low of $30.76 and a fifty-two week high of $36.86.

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.