Citadel Advisors LLC Buys 29,603 Shares of Putnam ESG High Yield ETF (NYSEARCA:PHYD)

Citadel Advisors LLC boosted its holdings in Putnam ESG High Yield ETF (NYSEARCA:PHYD) by 234.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,219 shares of the company’s stock after acquiring an additional 29,603 shares during the quarter. Citadel Advisors LLC owned 1.62% of Putnam ESG High Yield ETF worth $2,161,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Franklin Resources Inc. boosted its holdings in shares of Putnam ESG High Yield ETF by 10.3% in the 4th quarter. Franklin Resources Inc. now owns 3,341,562 shares of the company’s stock worth $171,021,000 after purchasing an additional 312,440 shares in the last quarter. Jane Street Group LLC raised its position in shares of Putnam ESG High Yield ETF by 797.7% in the 4th quarter. Jane Street Group LLC now owns 42,077 shares of the company’s stock worth $2,154,000 after acquiring an additional 37,390 shares in the last quarter. Finally, Stewardship Advisors LLC bought a new position in shares of Putnam ESG High Yield ETF in the 4th quarter worth approximately $1,885,000.

Putnam ESG High Yield ETF Stock Performance

Shares of NYSEARCA:PHYD opened at $51.08 on Friday. Putnam ESG High Yield ETF has a 52-week low of $48.79 and a 52-week high of $52.18. The firm has a market capitalization of $181.33 million, a P/E ratio of 4.92 and a beta of 0.30. The stock has a 50 day moving average price of $50.73 and a 200-day moving average price of $51.17.

Putnam ESG High Yield ETF Profile

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.