Jane Street Group LLC increased its stake in Putnam ESG High Yield ETF (NYSEARCA:PHYD – Free Report) by 797.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,077 shares of the company’s stock after acquiring an additional 37,390 shares during the quarter. Jane Street Group LLC owned approximately 1.62% of Putnam ESG High Yield ETF worth $2,154,000 at the end of the most recent quarter.
Separately, Franklin Resources Inc. boosted its position in shares of Putnam ESG High Yield ETF by 10.3% in the fourth quarter. Franklin Resources Inc. now owns 3,341,562 shares of the company’s stock worth $171,021,000 after buying an additional 312,440 shares during the period.
Putnam ESG High Yield ETF Stock Up 0.2%
Shares of Putnam ESG High Yield ETF stock opened at $51.61 on Friday. The stock has a market cap of $183.22 million, a PE ratio of 4.92 and a beta of 0.30. The business has a fifty day simple moving average of $50.70 and a 200-day simple moving average of $51.17. Putnam ESG High Yield ETF has a 12 month low of $48.79 and a 12 month high of $52.18.
About Putnam ESG High Yield ETF
The Putnam ESG High Yield ETF (PHYD) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in long- and intermediate-term US high-yield corporate bonds that meet certain environmental, social and governance criteria on a sector-specific basis. PHYD was launched on Jan 19, 2023 and is managed by Putnam.
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