Franklin Resources Inc. Boosts Stock Position in Putnam ESG Ultra Short ETF $PULT

Franklin Resources Inc. raised its position in shares of Putnam ESG Ultra Short ETF (NYSEARCA:PULT) by 10.7% during the 4th quarter, Holdings Channel reports. The firm owned 3,081,996 shares of the company’s stock after buying an additional 298,788 shares during the quarter. Franklin Resources Inc. owned about 0.74% of Putnam ESG Ultra Short ETF worth $156,026,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in Putnam ESG Ultra Short ETF by 103.7% during the 3rd quarter. IFP Advisors Inc now owns 2,400 shares of the company’s stock valued at $122,000 after purchasing an additional 1,222 shares during the last quarter. Jane Street Group LLC grew its stake in Putnam ESG Ultra Short ETF by 64.4% during the 2nd quarter. Jane Street Group LLC now owns 20,300 shares of the company’s stock valued at $1,029,000 after purchasing an additional 7,951 shares during the last quarter. Cibc World Market Inc. grew its stake in Putnam ESG Ultra Short ETF by 15.0% during the 4th quarter. Cibc World Market Inc. now owns 23,149 shares of the company’s stock valued at $1,172,000 after purchasing an additional 3,015 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Putnam ESG Ultra Short ETF by 3.2% in the first quarter. Royal Bank of Canada now owns 67,942 shares of the company’s stock worth $3,442,000 after buying an additional 2,120 shares during the last quarter.

Putnam ESG Ultra Short ETF Stock Performance

Shares of PULT opened at $50.44 on Thursday. Putnam ESG Ultra Short ETF has a 52 week low of $50.24 and a 52 week high of $50.84. The stock’s 50-day moving average price is $50.39 and its 200-day moving average price is $50.54.

About Putnam ESG Ultra Short ETF

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.