Joseph P. Lucia & Associates LLC Takes $181,000 Position in Putnam BDC Income ETF $PBDC

Joseph P. Lucia & Associates LLC bought a new stake in Putnam BDC Income ETF (NYSEARCA:PBDC) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,636 shares of the company’s stock, valued at approximately $181,000. Joseph P. Lucia & Associates LLC owned approximately 0.26% of Putnam BDC Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of PBDC. Condor Capital Management raised its stake in Putnam BDC Income ETF by 106.0% during the fourth quarter. Condor Capital Management now owns 340,779 shares of the company’s stock valued at $10,428,000 after purchasing an additional 175,321 shares in the last quarter. Cetera Investment Advisers raised its position in shares of Putnam BDC Income ETF by 105.2% during the 1st quarter. Cetera Investment Advisers now owns 218,025 shares of the company’s stock valued at $6,013,000 after buying an additional 111,763 shares in the last quarter. Prota Financial LLC raised its position in shares of Putnam BDC Income ETF by 8.3% during the 2nd quarter. Prota Financial LLC now owns 195,691 shares of the company’s stock valued at $5,366,000 after buying an additional 14,926 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Putnam BDC Income ETF by 60.4% in the 2nd quarter. Raymond James Financial Inc. now owns 188,406 shares of the company’s stock valued at $6,376,000 after acquiring an additional 70,913 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in Putnam BDC Income ETF by 3.9% in the fourth quarter. Corient Private Wealth LLC now owns 93,142 shares of the company’s stock worth $2,850,000 after acquiring an additional 3,529 shares in the last quarter.

Putnam BDC Income ETF Price Performance

Shares of NYSEARCA PBDC opened at $27.90 on Tuesday. Putnam BDC Income ETF has a 1-year low of $25.94 and a 1-year high of $34.00. The business’s 50 day moving average is $27.02 and its two-hundred day moving average is $27.49. The stock has a market capitalization of $299.37 million, a P/E ratio of 10.61 and a beta of 0.52.

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.