Putnam ESG Ultra Short ETF $PULT Position Increased by IronBridge Private Wealth LLC

IronBridge Private Wealth LLC raised its stake in shares of Putnam ESG Ultra Short ETF (NYSEARCA:PULT) by 9.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 298,246 shares of the company’s stock after acquiring an additional 24,601 shares during the quarter. Putnam ESG Ultra Short ETF makes up 4.8% of IronBridge Private Wealth LLC’s portfolio, making the stock its 3rd biggest position. IronBridge Private Wealth LLC owned 7.79% of Putnam ESG Ultra Short ETF worth $15,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its holdings in shares of Putnam ESG Ultra Short ETF by 70.1% in the second quarter. Franklin Resources Inc. now owns 2,838,836 shares of the company’s stock valued at $143,929,000 after acquiring an additional 1,170,213 shares in the last quarter. Scotia Capital Inc. boosted its stake in shares of Putnam ESG Ultra Short ETF by 108.9% during the 2nd quarter. Scotia Capital Inc. now owns 29,730 shares of the company’s stock worth $1,507,000 after acquiring an additional 15,498 shares in the last quarter. Founders Financial Securities LLC acquired a new position in shares of Putnam ESG Ultra Short ETF during the third quarter worth approximately $920,000. IFP Advisors Inc bought a new position in Putnam ESG Ultra Short ETF during the second quarter valued at about $60,000. Finally, Jane Street Group LLC lifted its holdings in shares of 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 worth $1,029,000 after acquiring an additional 7,951 shares during the period.

Putnam ESG Ultra Short ETF Price Performance

Putnam ESG Ultra Short ETF stock opened at $50.72 on Friday. The business’s fifty day moving average is $50.70 and its two-hundred day moving average is $50.68. Putnam ESG Ultra Short ETF has a 52 week low of $50.37 and a 52 week high of $50.84.

Putnam ESG Ultra Short ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 2nd. Shareholders of record on Tuesday, December 30th were issued a $0.2018 dividend. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from Putnam ESG Ultra Short ETF’s previous monthly dividend of $0.19. The ex-dividend date was Tuesday, December 30th.

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.