Castlekeep Investment Advisors LLC Acquires New Holdings in Putnam BDC Income ETF $PBDC

Castlekeep Investment Advisors LLC acquired a new stake in Putnam BDC Income ETF (NYSEARCA:PBDC) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 27,393 shares of the company’s stock, valued at approximately $838,000. Castlekeep Investment Advisors LLC owned about 0.33% of Putnam BDC Income ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Condor Capital Management lifted its stake in Putnam BDC Income ETF by 106.0% in the 4th 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 during the last quarter. Raymond James Financial Inc. raised its stake in shares of Putnam BDC Income ETF by 60.4% during the second 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. Stonebridge Financial Planning Group LLC raised its stake in shares of Putnam BDC Income ETF by 1.0% during the third quarter. Stonebridge Financial Planning Group LLC now owns 88,299 shares of the company’s stock valued at $2,806,000 after acquiring an additional 854 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Putnam BDC Income ETF by 30.8% during the second quarter. Corient Private Wealth LLC now owns 81,114 shares of the company’s stock valued at $2,745,000 after acquiring an additional 19,086 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of Putnam BDC Income ETF by 0.9% during the third quarter. Newbridge Financial Services Group Inc. now owns 58,199 shares of the company’s stock valued at $1,850,000 after acquiring an additional 503 shares during the last quarter.

Putnam BDC Income ETF Stock Performance

PBDC stock opened at $27.20 on Thursday. The company has a fifty day moving average price of $27.47 and a 200-day moving average price of $29.02. The company has a market capitalization of $265.20 million, a P/E ratio of 10.61 and a beta of 0.55. Putnam BDC Income ETF has a 52-week low of $26.22 and a 52-week high of $35.18.

Putnam BDC Income ETF Company Profile

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.