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

Shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB) saw strong trading volume on Monday . 15,882 shares changed hands during trading, a decline of 26% from the previous session’s volume of 21,443 shares.The stock last traded at $48.93 and had previously closed at $48.83.

Putnam ESG Core Bond ETF Stock Up 0.3 %

The stock has a 50-day simple moving average of $48.11 and a 200 day simple moving average of $48.89.

Institutional Trading of Putnam ESG Core Bond ETF

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

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.