Putnam ESG Ultra Short ETF (PULT) to Issue Monthly Dividend of $0.20 on January 2nd

Putnam ESG Ultra Short ETF (NYSEARCA:PULT) declared a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.2018 per share on Friday, January 2nd. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date is Tuesday, December 30th. This is a 7.5% increase from Putnam ESG Ultra Short ETF’s previous monthly dividend of $0.19.

Putnam ESG Ultra Short ETF Trading Down 0.3%

NYSEARCA PULT opened at $50.63 on Wednesday. Putnam ESG Ultra Short ETF has a 1 year low of $50.37 and a 1 year high of $50.84. The company’s 50 day simple moving average is $50.70 and its two-hundred day simple moving average is $50.68.

Institutional Trading of Putnam ESG Ultra Short ETF

Institutional investors and hedge funds have recently modified their holdings of the business. IFP Advisors Inc purchased a new position in shares of Putnam ESG Ultra Short ETF during the second quarter worth about $60,000. LexAurum Advisors LLC raised its position in shares of Putnam ESG Ultra Short ETF by 13.0% during the 3rd quarter. LexAurum Advisors LLC now owns 14,390 shares of the company’s stock valued at $731,000 after buying an additional 1,652 shares in the last quarter. Founders Financial Securities LLC bought a new stake in shares of Putnam ESG Ultra Short ETF during the 3rd quarter worth $920,000. Jane Street Group LLC grew its position in Putnam ESG Ultra Short ETF by 64.4% in the second 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 in the last quarter. Finally, Scotia Capital Inc. grew its position in Putnam ESG Ultra Short ETF by 108.9% in the second 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.

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.