Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Short Interest Update

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,189 shares, an increase of 787.3% from the December 15th total of 134 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 35,982 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 35,982 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Putnam ESG Core Bond ETF Stock Performance

Putnam ESG Core Bond ETF stock remained flat at $49.43 during trading hours on Monday. The company’s stock had a trading volume of 34,596 shares, compared to its average volume of 15,499. The stock’s fifty day moving average price is $49.44 and its 200 day moving average price is $49.28. Putnam ESG Core Bond ETF has a 52-week low of $47.47 and a 52-week high of $50.08.

Putnam ESG Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $0.197 dividend. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a boost from Putnam ESG Core Bond ETF’s previous monthly dividend of $0.17.

Institutional Investors Weigh In On Putnam ESG Core Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new position in Putnam ESG Core Bond ETF in the third quarter worth $36,000. Flow Traders U.S. LLC bought a new stake in shares of Putnam ESG Core Bond ETF during the 3rd quarter worth $1,303,000. Riverwater Partners LLC raised its stake in shares of Putnam ESG Core Bond ETF by 63.9% during the 2nd quarter. Riverwater Partners LLC now owns 51,178 shares of the company’s stock worth $2,506,000 after purchasing an additional 19,952 shares during the period. Susquehanna International Group LLP purchased a new position in shares of Putnam ESG Core Bond ETF in the 3rd quarter worth about $10,145,000. Finally, Jane Street Group LLC grew its position in Putnam ESG Core Bond ETF by 1,753.6% during the first quarter. Jane Street Group LLC now owns 300,809 shares of the company’s stock valued at $14,692,000 after buying an additional 284,581 shares during the period.

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. PCRB was launched on Jan 19, 2023 and is managed by Putnam.