Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Trading 0.5% Higher – Still a Buy?

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) shares traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as $48.72 and last traded at $48.72. 6,585 shares were traded during trading, a decline of 66% from the average session volume of 19,541 shares. The stock had previously closed at $48.49.

Putnam ESG Core Bond ETF Trading Up 0.5%

The firm has a fifty day moving average price of $48.50 and a 200-day moving average price of $48.46.

Institutional Trading of Putnam ESG Core Bond ETF

Several large investors have recently modified their holdings of PCRB. Franklin Resources Inc. grew its holdings in shares of Putnam ESG Core Bond ETF by 7.1% during the 4th quarter. Franklin Resources Inc. now owns 14,511,570 shares of the company’s stock worth $697,056,000 after purchasing an additional 961,553 shares in the last quarter. Riverwater Partners LLC acquired a new stake in shares of Putnam ESG Core Bond ETF during the 4th quarter worth $1,517,000. Citadel Advisors LLC grew its holdings in shares of Putnam ESG Core Bond ETF by 151.5% during the 4th quarter. Citadel Advisors LLC now owns 25,502 shares of the company’s stock worth $1,225,000 after purchasing an additional 15,361 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of 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 worth $827,000 after purchasing an additional 5,210 shares in the last quarter. Finally, Flow Traders U.S. LLC grew its holdings in shares of 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 worth $1,730,000 after purchasing an additional 24,050 shares in 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.