Putnam ESG Core Bond ETF (NYSEARCA:PCRB – Get Free Report) shares dropped 0.1% on Thursday . The stock traded as low as $45.90 and last traded at $45.87. Approximately 115 shares traded hands during trading, a decline of 100% from the average session volume of 118,701 shares. The stock had previously closed at $45.90.
Putnam ESG Core Bond ETF Stock Down 0.1%
The stock has a 50 day simple moving average of $45.90 and a 200 day simple moving average of $46.45.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new position in Putnam ESG Core Bond ETF during the 3rd quarter worth $36,000. Flow Traders U.S. LLC bought a new stake in Putnam ESG Core Bond ETF in the third quarter valued at $1,303,000. Susquehanna International Group LLP acquired a new position in shares of Putnam ESG Core Bond ETF during the third quarter valued at $10,145,000. Franklin Resources Inc. boosted its holdings in shares of Putnam ESG Core Bond ETF by 4.6% during the fourth quarter. Franklin Resources Inc. now owns 17,761,094 shares of the company’s stock valued at $875,791,000 after acquiring an additional 786,230 shares during the period. Finally, Riverwater Partners LLC grew its position in shares of Putnam ESG Core Bond ETF by 2.7% during the fourth quarter. Riverwater Partners LLC now owns 57,473 shares of the company’s stock worth $2,834,000 after acquiring an additional 1,522 shares during 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. PCRB was launched on Jan 19, 2023 and is managed by Putnam.
Featured Articles
- Five stocks we like better than Putnam ESG Core Bond ETF
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Receive News & Ratings for Putnam ESG Core Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam ESG Core Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
