Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Sees Unusually-High Trading Volume – What’s Next?

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) shares saw strong trading volume on Monday . 28,653 shares were traded during mid-day trading, an increase of 24% from the previous session’s volume of 23,150 shares.The stock last traded at $48.38 and had previously closed at $48.43.

Putnam ESG Core Bond ETF Stock Down 0.2 %

The stock has a 50 day simple moving average of $48.18 and a 200 day simple moving average of $48.97.

Putnam ESG Core Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 21st were issued a dividend of $0.173 per share. The ex-dividend date of this dividend was Thursday, November 21st.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Jane Street Group LLC raised its holdings in shares of Putnam ESG Core Bond ETF by 10.9% in the 3rd quarter. Jane Street Group LLC now owns 54,591 shares of the company’s stock worth $2,733,000 after acquiring an additional 5,384 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Putnam ESG Core Bond ETF during the 3rd quarter worth approximately $1,628,000. Finally, Franklin Resources Inc. raised its stake in shares of Putnam ESG Core Bond ETF by 10.6% in the third quarter. Franklin Resources Inc. now owns 13,550,017 shares of the company’s stock worth $668,510,000 after purchasing an additional 1,302,479 shares during the last quarter.

About Putnam ESG Core Bond ETF

The Putnam ESG Core Bond ETF (PCRB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund broadly invests in investment grade US fixed income securities that meet certain environmental, social and governance criteria on a sector-specific basis. The actively managed targets bonds with maturities of three years or more.