17,379 Shares in Putnam ESG High Yield ETF $PHYD Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new stake in Putnam ESG High Yield ETF (NYSEARCA:PHYD) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 17,379 shares of the company’s stock, valued at approximately $904,000. Flow Traders U.S. LLC owned approximately 0.43% of Putnam ESG High Yield ETF at the end of the most recent quarter.

Separately, Bank of Montreal Can acquired a new position in shares of Putnam ESG High Yield ETF during the 2nd quarter worth about $3,383,000.

Putnam ESG High Yield ETF Price Performance

Shares of NYSEARCA PHYD opened at $52.30 on Wednesday. The business has a 50-day moving average of $52.30 and a 200-day moving average of $52.05. The stock has a market capitalization of $218.61 million, a price-to-earnings ratio of 4.98 and a beta of 0.31. Putnam ESG High Yield ETF has a fifty-two week low of $48.79 and a fifty-two week high of $52.70.

Putnam ESG High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Friday, November 21st were paid a $0.2555 dividend. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date was Friday, November 21st.

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.