U.S. Capital Wealth Advisors LLC Takes Position in Putnam Managed $PMM

Posted by Tristan Rich on Sep 28th, 2025

U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Putnam Managed (NYSE:PMM – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 30,606 shares of the company’s stock, valued at approximately $183,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new stake in Putnam Managed in the first quarter worth $55,000. NewEdge Advisors LLC increased its position in Putnam Managed by 41.1% in the first quarter. NewEdge Advisors LLC now owns 34,381 shares of the company’s stock worth $211,000 after purchasing an additional 10,014 shares during the last quarter. XML Financial LLC bought a new stake in Putnam Managed in the first quarter worth $142,000. Jane Street Group LLC bought a new stake in Putnam Managed in the fourth quarter worth $203,000. Finally, Advisor Resource Council bought a new stake in Putnam Managed in the first quarter worth $406,000. Institutional investors own 13.54% of the company’s stock.

Putnam Managed Stock Performance

Shares of PMM opened at $6.08 on Friday. The company’s fifty day moving average is $5.93 and its 200 day moving average is $5.94. Putnam Managed has a fifty-two week low of $5.66 and a fifty-two week high of $6.54.

Putnam Managed Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be paid a dividend of $0.0265 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Friday, October 17th.

Putnam Managed Company Profile

(Free Report)

Putnam Managed Municipal Income Trust is a close-ended fixed income mutual fund launched and managed by Putnam Investment Management LLC. It is co-managed by Putnam Investments Limited. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of tax-exempt municipal securities, including high-yield securities that are rated below investment grade.