Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw an uptick in trading volume on Monday . 28,653 shares traded hands during mid-day trading, an increase of 24% from the previous session’s volume of 23,150 shares.The stock last traded at $48.38 and had previously closed at $48.43.

Putnam ESG Core Bond ETF Stock Down 0.2 %

The business’s 50 day moving average price is $48.18 and its two-hundred day moving average price is $48.97.

Putnam ESG Core Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, November 25th. Shareholders of record on Thursday, November 21st were given a $0.173 dividend. The ex-dividend date was Thursday, November 21st.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PCRB. Flow Traders U.S. LLC bought a new stake in Putnam ESG Core Bond ETF during the 3rd quarter worth $1,628,000. Jane Street Group LLC boosted its stake in shares of Putnam ESG Core Bond ETF by 10.9% during the third quarter. Jane Street Group LLC now owns 54,591 shares of the company’s stock valued at $2,733,000 after purchasing an additional 5,384 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Putnam ESG Core Bond ETF by 10.6% during the third quarter. Franklin Resources Inc. now owns 13,550,017 shares of the company’s stock worth $668,510,000 after purchasing an additional 1,302,479 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.