Raymond James Financial Inc. Has $4.07 Million Holdings in Putnam BDC Income ETF $PBDC

Raymond James Financial Inc. boosted its holdings in shares of Putnam BDC Income ETF (NYSEARCA:PBDC) by 1.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 117,493 shares of the company’s stock after buying an additional 1,816 shares during the quarter. Raymond James Financial Inc.’s holdings in Putnam BDC Income ETF were worth $4,072,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. NBC Securities Inc. increased its position in Putnam BDC Income ETF by 105,100.0% during the first quarter. NBC Securities Inc. now owns 1,052 shares of the company’s stock worth $36,000 after buying an additional 1,051 shares during the last quarter. Citadel Advisors LLC acquired a new position in Putnam BDC Income ETF during the fourth quarter worth approximately $216,000. Guidance Capital Inc. acquired a new position in Putnam BDC Income ETF during the first quarter worth approximately $220,000. Advyzon Investment Management LLC increased its position in Putnam BDC Income ETF by 31.0% during the first quarter. Advyzon Investment Management LLC now owns 7,724 shares of the company’s stock worth $268,000 after buying an additional 1,829 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in Putnam BDC Income ETF during the first quarter worth approximately $326,000.

Putnam BDC Income ETF Stock Down 0.3%

Shares of NYSEARCA PBDC opened at $33.80 on Friday. The business’s 50 day moving average price is $33.90 and its two-hundred day moving average price is $33.41. The company has a market cap of $231.53 million, a PE ratio of 10.61 and a beta of 1.47. Putnam BDC Income ETF has a twelve month low of $27.85 and a twelve month high of $36.86.

Putnam BDC Income ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, July 7th were issued a dividend of $0.7868 per share. This represents a $3.15 dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date was Monday, July 7th.

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.