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

Shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw unusually-strong trading volume on Monday . Approximately 13,190 shares changed hands during trading, a decline of 45% from the previous session’s volume of 23,952 shares.The stock last traded at $48.34 and had previously closed at $48.52.

Putnam ESG Core Bond ETF Trading Up 0.3 %

The business’s fifty day moving average is $48.64 and its two-hundred day moving average is $48.54.

Institutional Trading of Putnam ESG Core Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. lifted its stake in 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 acquiring an additional 1,302,479 shares during the period. Riverwater Partners LLC purchased a new stake in shares of Putnam ESG Core Bond ETF in the 4th quarter worth approximately $1,517,000. Citadel Advisors LLC boosted its stake 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 valued at $1,225,000 after purchasing an additional 15,361 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Putnam ESG Core Bond ETF by 44.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,941 shares of the company’s stock valued at $827,000 after buying an additional 5,210 shares during the period.

Putnam ESG Core Bond ETF Company Profile

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.