Franklin Resources Inc. Acquires 786,230 Shares of Putnam ESG Core Bond ETF $PCRB

Franklin Resources Inc. grew its position in Putnam ESG Core Bond ETF (NYSEARCA:PCRB) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,761,094 shares of the company’s stock after acquiring an additional 786,230 shares during the period. Franklin Resources Inc. owned 96.42% of Putnam ESG Core Bond ETF worth $875,791,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PCRB. JPMorgan Chase & Co. acquired a new stake in Putnam ESG Core Bond ETF during the 3rd quarter worth $36,000. Susquehanna International Group LLP acquired a new position in Putnam ESG Core Bond ETF in the 3rd quarter worth $10,145,000. Finally, Flow Traders U.S. LLC acquired a new position in Putnam ESG Core Bond ETF in the 3rd quarter worth $1,303,000.

Putnam ESG Core Bond ETF Price Performance

Shares of NYSEARCA:PCRB opened at $45.79 on Monday. The company’s 50-day moving average price is $46.30 and its two-hundred day moving average price is $48.03. Putnam ESG Core Bond ETF has a one year low of $45.58 and a one year high of $50.08.

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