Stewardship Advisors LLC Makes New $1.89 Million Investment in Putnam ESG High Yield ETF (NYSEARCA:PHYD)

Stewardship Advisors LLC acquired a new position in shares of Putnam ESG High Yield ETF (NYSEARCA:PHYD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 36,822 shares of the company’s stock, valued at approximately $1,885,000.

Separately, Franklin Resources Inc. lifted its position in Putnam ESG High Yield ETF by 12.5% during the third quarter. Franklin Resources Inc. now owns 3,029,122 shares of the company’s stock valued at $156,548,000 after purchasing an additional 336,513 shares during the last quarter.

Putnam ESG High Yield ETF Price Performance

Shares of NYSEARCA:PHYD opened at $51.35 on Friday. The company’s fifty day moving average price is $51.40 and its 200-day moving average price is $51.45. The firm has a market capitalization of $133.51 million, a price-to-earnings ratio of 4.93 and a beta of 0.21. Putnam ESG High Yield ETF has a one year low of $49.81 and a one year high of $52.18.

Putnam ESG High Yield ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 21st were paid a $0.29 dividend. The ex-dividend date of this dividend was Thursday, November 21st.

About Putnam ESG High Yield ETF

The Putnam ESG High Yield ETF (PHYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in long- and intermediate-term US high-yield corporate bonds that meet certain environmental, social and governance criteria on a sector-specific basis. PHYD was launched on Jan 19, 2023 and is managed by Putnam.