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

Shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRBGet Free Report) saw unusually-high trading volume on Friday . Approximately 38,544 shares traded hands during trading, an increase of 95% from the previous session’s volume of 19,772 shares.The stock last traded at $48.84 and had previously closed at $48.83.

Putnam ESG Core Bond ETF Trading Down 0.1 %

The firm has a fifty day moving average price of $48.37 and a two-hundred day moving average price of $48.81.

Hedge Funds Weigh In On Putnam ESG Core Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC increased its holdings in Putnam ESG Core Bond ETF by 151.5% in the 4th quarter. Citadel Advisors LLC now owns 25,502 shares of the company’s stock worth $1,225,000 after buying an additional 15,361 shares in the last quarter. Riverwater Partners LLC bought a new stake in Putnam ESG Core Bond ETF in the 4th quarter worth about $1,517,000. Franklin Resources Inc. increased its holdings in Putnam ESG Core Bond ETF by 7.1% in the 4th quarter. Franklin Resources Inc. now owns 14,511,570 shares of the company’s stock worth $697,056,000 after buying an additional 961,553 shares in the last quarter. Jane Street Group LLC increased its holdings in 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 worth $2,733,000 after buying an additional 5,384 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in Putnam ESG Core Bond ETF in the 3rd quarter worth about $1,628,000.

About Putnam ESG Core Bond ETF

(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.

Further Reading

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