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

Shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw strong trading volume on Monday . 35,011 shares were traded during trading, an increase of 46% from the previous session’s volume of 23,945 shares.The stock last traded at $48.36 and had previously closed at $48.33.

Putnam ESG Core Bond ETF Stock Down 0.2%

The firm has a fifty day moving average price of $48.54 and a 200 day moving average price of $48.45.

Institutional Trading of Putnam ESG Core Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in PCRB. Franklin Resources Inc. lifted its position in shares of Putnam ESG Core Bond ETF by 7.1% in the fourth quarter. Franklin Resources Inc. now owns 14,511,570 shares of the company’s stock valued at $697,056,000 after buying an additional 961,553 shares during the last quarter. Riverwater Partners LLC acquired a new position in shares of Putnam ESG Core Bond ETF during the 4th quarter worth approximately $1,517,000. Citadel Advisors LLC raised its stake 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 valued at $1,225,000 after acquiring an additional 15,361 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in Putnam ESG Core Bond ETF by 44.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,941 shares of the company’s stock valued at $827,000 after purchasing an additional 5,210 shares during the last quarter. Finally, Flow Traders U.S. LLC lifted its holdings in Putnam ESG Core Bond ETF by 211.7% during the 1st quarter. Flow Traders U.S. LLC now owns 35,412 shares of the company’s stock valued at $1,730,000 after purchasing an additional 24,050 shares during the last quarter.

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.