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

Putnam ESG Core Bond ETF (NYSEARCA:PCRBGet Free Report) shares saw an uptick in trading volume on Thursday . 37,211 shares changed hands during mid-day trading, an increase of 38% from the previous session’s volume of 26,994 shares.The stock last traded at $48.70 and had previously closed at $48.81.

Putnam ESG Core Bond ETF Price Performance

The stock has a 50 day moving average of $48.26 and a two-hundred day moving average of $48.85.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. grew its holdings in shares of Putnam ESG Core Bond ETF by 7.1% during the fourth quarter. Franklin Resources Inc. now owns 14,511,570 shares of the company’s stock valued at $697,056,000 after buying an additional 961,553 shares in the last quarter. Jane Street Group LLC increased 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 valued at $2,733,000 after purchasing an additional 5,384 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of Putnam ESG Core Bond ETF in the 3rd quarter valued at about $1,628,000. Riverwater Partners LLC purchased a new stake in shares of Putnam ESG Core Bond ETF in the fourth quarter worth approximately $1,517,000. Finally, Citadel Advisors LLC boosted its holdings in shares of Putnam ESG Core Bond ETF by 151.5% during the fourth quarter. Citadel Advisors LLC now owns 25,502 shares of the company’s stock worth $1,225,000 after purchasing an additional 15,361 shares during the period.

Putnam ESG Core Bond ETF Company Profile

(Get Free Report)

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.

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