Putnam ESG Core Bond ETF (NYSEARCA:PCRB – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 118 shares, a decline of 49.8% from the April 30th total of 235 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 4,203 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On Putnam ESG Core Bond ETF
A number of institutional investors have recently made changes to their positions in PCRB. JPMorgan Chase & Co. bought a new stake in shares of Putnam ESG Core Bond ETF in the 3rd quarter valued at about $36,000. Jane Street Group LLC grew its position in shares of Putnam ESG Core Bond ETF by 65.8% in the 4th quarter. Jane Street Group LLC now owns 13,232 shares of the company’s stock valued at $652,000 after buying an additional 5,249 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Putnam ESG Core Bond ETF in the 3rd quarter valued at about $1,303,000. Riverwater Partners LLC grew its position in shares of Putnam ESG Core Bond ETF by 2.7% in the 4th quarter. Riverwater Partners LLC now owns 57,473 shares of the company’s stock valued at $2,834,000 after buying an additional 1,522 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Putnam ESG Core Bond ETF in the 3rd quarter valued at about $10,145,000.
Putnam ESG Core Bond ETF Trading Down 0.4%
PCRB stock traded down $0.18 during midday trading on Monday, reaching $45.98. 1,060 shares of the stock were exchanged, compared to its average volume of 125,602. Putnam ESG Core Bond ETF has a 52 week low of $45.58 and a 52 week high of $50.08. The company has a fifty day moving average price of $46.37 and a 200 day moving average price of $48.16.
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.
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