Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Stake Boosted by Franklin Resources Inc.

Franklin Resources Inc. raised its position in shares of Putnam ESG Core Bond ETF (NYSEARCA:PCRB) by 10.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 13,550,017 shares of the company’s stock after buying an additional 1,302,479 shares during the period. Franklin Resources Inc. owned about 1.16% of Putnam ESG Core Bond ETF worth $668,510,000 at the end of the most recent quarter.

Separately, Flow Traders U.S. LLC acquired a new stake in shares of Putnam ESG Core Bond ETF during the third quarter valued at approximately $1,628,000.

Putnam ESG Core Bond ETF Stock Performance

Shares of NYSEARCA:PCRB opened at $48.61 on Friday. The firm has a 50 day simple moving average of $48.87 and a 200 day simple moving average of $49.04. Putnam ESG Core Bond ETF has a 52 week low of $47.00 and a 52 week high of $50.58.

Putnam ESG Core Bond ETF Dividend Announcement

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

Putnam ESG Core Bond ETF 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.