Professional Financial Advisors LLC Raises Holdings in Putnam ESG Ultra Short ETF (NYSEARCA:PULT)

Professional Financial Advisors LLC increased its stake in shares of Putnam ESG Ultra Short ETF (NYSEARCA:PULT) by 9.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 13,656 shares of the company’s stock after purchasing an additional 1,185 shares during the period. Professional Financial Advisors LLC owned 0.54% of Putnam ESG Ultra Short ETF worth $686,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PULT. Osaic Holdings Inc. purchased a new stake in Putnam ESG Ultra Short ETF during the 2nd quarter worth about $118,000. Royal Bank of Canada raised its holdings in shares of Putnam ESG Ultra Short ETF by 6.4% in the 3rd quarter. Royal Bank of Canada now owns 7,067 shares of the company’s stock valued at $355,000 after acquiring an additional 426 shares in the last quarter. Finally, WT Wealth Management purchased a new stake in shares of Putnam ESG Ultra Short ETF in the 3rd quarter valued at about $356,000.

Putnam ESG Ultra Short ETF Stock Performance

Shares of NYSEARCA:PULT traded up $0.03 on Thursday, hitting $50.39. The company’s stock had a trading volume of 12,069 shares, compared to its average volume of 19,032. The company has a 50-day simple moving average of $50.33 and a 200 day simple moving average of $50.26. Putnam ESG Ultra Short ETF has a 1 year low of $49.98 and a 1 year high of $50.51.

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.