Royal Bank of Canada Acquires 11,471 Shares of Putnam ESG Ultra Short ETF $PULT

Royal Bank of Canada raised its stake in shares of Putnam ESG Ultra Short ETF (NYSEARCA:PULT) by 16.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,226 shares of the company’s stock after purchasing an additional 11,471 shares during the quarter. Royal Bank of Canada owned 0.09% of Putnam ESG Ultra Short ETF worth $4,049,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Bank of Montreal Can boosted its stake in Putnam ESG Ultra Short ETF by 489.0% in the 4th quarter. Bank of Montreal Can now owns 8,758 shares of the company’s stock valued at $443,000 after buying an additional 7,271 shares in the last quarter. CacheTech Inc. acquired a new position in Putnam ESG Ultra Short ETF during the fourth quarter worth $871,000. Jane Street Group LLC raised its stake in Putnam ESG Ultra Short ETF by 64.4% during the second quarter. Jane Street Group LLC now owns 20,300 shares of the company’s stock worth $1,029,000 after acquiring an additional 7,951 shares in the last quarter. Cibc World Market Inc. lifted its holdings in shares of Putnam ESG Ultra Short ETF by 15.0% during the fourth quarter. Cibc World Market Inc. now owns 23,149 shares of the company’s stock valued at $1,172,000 after acquiring an additional 3,015 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in shares of Putnam ESG Ultra Short ETF by 10.7% during the fourth quarter. Franklin Resources Inc. now owns 3,081,996 shares of the company’s stock valued at $156,026,000 after acquiring an additional 298,788 shares during the period.

Putnam ESG Ultra Short ETF Price Performance

PULT opened at $50.44 on Friday. The firm’s 50-day simple moving average is $50.44 and its 200-day simple moving average is $50.46. Putnam ESG Ultra Short ETF has a twelve month low of $50.24 and a twelve month high of $50.84.

Putnam ESG Ultra Short ETF Profile

The Putnam ESG Ultra Short ETF (PULT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in investment grade fixed income securities from around the world that meet certain environmental, social and governance criteria on a sector-specific basis.The fund expects to have an average weighted maturity of four years or less. PULT was launched on Jan 19, 2023 and is managed by Putnam.