Putnam ESG Ultra Short ETF (NYSEARCA:PULT) Short Interest Down 97.8% in August

Putnam ESG Ultra Short ETF (NYSEARCA:PULT) was the recipient of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 100 shares, adecreaseof97.8% from the July 31st total of 4,600 shares. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Putnam ESG Ultra Short ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC grew its stake in shares of Putnam ESG Ultra Short ETF by 441.3% during the 4th quarter. Jane Street Group LLC now owns 32,863 shares of the company’s stock worth $1,658,000 after purchasing an additional 26,792 shares during the period. Royal Bank of Canada grew its stake in shares of Putnam ESG Ultra Short ETF by 3.2% during the 1st quarter. Royal Bank of Canada now owns 67,942 shares of the company’s stock worth $3,442,000 after purchasing an additional 2,120 shares during the period. Scotia Capital Inc. grew its stake in shares of Putnam ESG Ultra Short ETF by 108.9% during the 2nd quarter. Scotia Capital Inc. now owns 29,730 shares of the company’s stock worth $1,507,000 after purchasing an additional 15,498 shares during the period. Franklin Resources Inc. grew its stake in shares of Putnam ESG Ultra Short ETF by 70.1% during the 2nd quarter. Franklin Resources Inc. now owns 2,838,836 shares of the company’s stock worth $143,929,000 after purchasing an additional 1,170,213 shares during the period. Finally, IFP Advisors Inc acquired a new stake in shares of Putnam ESG Ultra Short ETF during the 2nd quarter worth approximately $60,000.

Putnam ESG Ultra Short ETF Trading Up 0.0%

NYSEARCA:PULT opened at $50.72 on Wednesday. Putnam ESG Ultra Short ETF has a 1-year low of $50.37 and a 1-year high of $50.77. The company’s fifty day moving average price is $50.64 and its 200-day moving average price is $50.59.

Putnam ESG Ultra Short ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 8th. Stockholders of record on Wednesday, August 6th were paid a $0.2011 dividend. The ex-dividend date was Wednesday, August 6th. This is an increase from Putnam ESG Ultra Short ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

About Putnam ESG Ultra Short ETF

The Putnam ESG Ultra Short ETF (PULT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in investment grade fixed income securities from around the world that meet certain environmental, social and governance criteria on a sector-specific basis.The fund expects to have an average weighted maturity of four years or less.