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

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) shares saw unusually-strong trading volume on Tuesday . Approximately 18,220 shares were traded during mid-day trading, a decline of 25% from the previous session’s volume of 24,189 shares.The stock last traded at $48.41 and had previously closed at $48.50.

Putnam ESG Core Bond ETF Trading Up 0.2%

The firm’s 50-day moving average is $48.34 and its two-hundred day moving average is $48.40.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. lifted its position in 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 worth $697,056,000 after purchasing an additional 961,553 shares during the period. Jane Street Group LLC raised its position in Putnam ESG Core Bond ETF by 1,753.6% in 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 in the last quarter. Riverwater Partners LLC acquired a new position in Putnam ESG Core Bond ETF in the fourth quarter worth about $1,517,000. Flow Traders U.S. LLC lifted its stake in Putnam ESG Core Bond ETF by 211.7% during 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 during the period. Finally, Citadel Advisors LLC boosted its holdings in Putnam ESG Core Bond ETF by 151.5% during the fourth quarter. Citadel Advisors LLC now owns 25,502 shares of the company’s stock valued at $1,225,000 after purchasing an additional 15,361 shares in the last quarter.

About Putnam ESG Core Bond ETF

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.