Franklin Resources Inc. increased its position in shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB – Free Report) by 4.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,761,094 shares of the company’s stock after buying an additional 786,230 shares during the period. Franklin Resources Inc. owned 0.96% of Putnam ESG Core Bond ETF worth $875,791,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. bought a new position in shares of Putnam ESG Core Bond ETF during the third quarter valued at about $36,000. Flow Traders U.S. LLC bought a new stake in Putnam ESG Core Bond ETF in the third quarter worth about $1,303,000. Finally, Susquehanna International Group LLP bought a new stake in Putnam ESG Core Bond ETF in the third quarter worth about $10,145,000.
Putnam ESG Core Bond ETF Price Performance
NYSEARCA PCRB opened at $45.79 on Monday. The company’s 50 day moving average is $46.30 and its 200-day moving average is $48.03. Putnam ESG Core Bond ETF has a 12-month low of $45.58 and a 12-month high of $50.08.
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. PCRB was launched on Jan 19, 2023 and is managed by Putnam.
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