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

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) shares saw an uptick in trading volume on Monday . 35,011 shares were traded during mid-day 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 Price Performance

The company has a 50-day moving average price of $48.54 and a 200-day moving average price of $48.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. lifted its position in Putnam ESG Core Bond ETF by 44.4% in the first 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 during the period. Citadel Advisors LLC lifted 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 acquiring an additional 15,361 shares during the period. Riverwater Partners LLC acquired a new stake in shares of Putnam ESG Core Bond ETF during the 4th quarter valued at about $1,517,000. Flow Traders U.S. LLC raised its position in Putnam ESG Core Bond ETF by 211.7% in the first 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. Finally, Jane Street Group LLC lifted its stake in Putnam ESG Core Bond ETF by 1,753.6% during the first quarter. Jane Street Group LLC now owns 300,809 shares of the company’s stock worth $14,692,000 after purchasing an additional 284,581 shares during the period.

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.