Putnam BDC Income ETF $PBDC Shares Acquired by Condor Capital Management

Condor Capital Management lifted its stake in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 106.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 340,779 shares of the company’s stock after acquiring an additional 175,321 shares during the quarter. Condor Capital Management’s holdings in Putnam BDC Income ETF were worth $10,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. boosted its holdings in Putnam BDC Income ETF by 60.4% in the second quarter. Raymond James Financial Inc. now owns 188,406 shares of the company’s stock valued at $6,376,000 after purchasing an additional 70,913 shares during the period. Haven Private LLC purchased a new stake in Putnam BDC Income ETF during the 3rd quarter worth about $1,655,000. Farther Finance Advisors LLC raised its position in Putnam BDC Income ETF by 12,450.7% in the 4th quarter. Farther Finance Advisors LLC now owns 37,652 shares of the company’s stock valued at $1,152,000 after purchasing an additional 37,352 shares in the last quarter. GoalVest Advisory LLC acquired a new stake in Putnam BDC Income ETF in the 4th quarter valued at about $1,047,000. Finally, Shade Tree Advisors LLC purchased a new position in shares of Putnam BDC Income ETF in the 4th quarter valued at about $970,000.

Putnam BDC Income ETF Stock Performance

Shares of Putnam BDC Income ETF stock opened at $26.76 on Friday. Putnam BDC Income ETF has a one year low of $26.22 and a one year high of $35.18. The company has a market cap of $260.91 million, a PE ratio of 10.61 and a beta of 0.55. The business has a 50-day simple moving average of $27.45 and a 200-day simple moving average of $29.10.

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