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

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw unusually-high trading volume on Friday . Approximately 38,544 shares changed hands during mid-day trading, an increase of 95% from the previous session’s volume of 19,772 shares.The stock last traded at $48.84 and had previously closed at $48.83.

Putnam ESG Core Bond ETF Price Performance

The business’s 50-day moving average price is $48.37 and its 200-day moving average price is $48.81.

Institutional Trading of Putnam ESG Core Bond ETF

Several large investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its stake in Putnam ESG Core Bond ETF by 10.9% during the 3rd quarter. Jane Street Group LLC now owns 54,591 shares of the company’s stock valued at $2,733,000 after acquiring an additional 5,384 shares during the period. Citadel Advisors LLC lifted its stake in 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 valued at $1,225,000 after acquiring an additional 15,361 shares during the period. Riverwater Partners LLC acquired a new stake in Putnam ESG Core Bond ETF during the 4th quarter valued at approximately $1,517,000. Flow Traders U.S. LLC acquired a new stake in Putnam ESG Core Bond ETF during the 3rd quarter valued at approximately $1,628,000. Finally, Franklin Resources Inc. lifted its stake in Putnam ESG Core Bond ETF by 7.1% during the 4th quarter. Franklin Resources Inc. now owns 14,511,570 shares of the company’s stock valued at $697,056,000 after acquiring an additional 961,553 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.