PGIM Total Return Bond ETF (NYSEARCA:PTRB) Short Interest Update

PGIM Total Return Bond ETF (NYSEARCA:PTRB) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 72,466 shares, a growth of 24.2% from the January 29th total of 58,324 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 113,860 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 113,860 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of PGIM Total Return Bond ETF

Several large investors have recently bought and sold shares of PTRB. Apollon Wealth Management LLC grew its holdings in shares of PGIM Total Return Bond ETF by 3.1% during the fourth quarter. Apollon Wealth Management LLC now owns 1,712,380 shares of the company’s stock valued at $71,988,000 after buying an additional 50,964 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in PGIM Total Return Bond ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,080,150 shares of the company’s stock valued at $45,582,000 after purchasing an additional 78,048 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of PGIM Total Return Bond ETF by 158.6% in the third quarter. Raymond James Financial Inc. now owns 907,752 shares of the company’s stock valued at $38,307,000 after purchasing an additional 556,673 shares during the period. Howard Financial Services LTD. increased its holdings in shares of PGIM Total Return Bond ETF by 8.2% in the fourth quarter. Howard Financial Services LTD. now owns 732,998 shares of the company’s stock valued at $30,815,000 after purchasing an additional 55,578 shares during the period. Finally, FAS Wealth Partners Inc. lifted its holdings in shares of PGIM Total Return Bond ETF by 13.0% during the fourth quarter. FAS Wealth Partners Inc. now owns 630,483 shares of the company’s stock worth $26,506,000 after purchasing an additional 72,556 shares during the period.

PGIM Total Return Bond ETF Stock Down 0.1%

Shares of NYSEARCA:PTRB opened at $42.27 on Thursday. The business’s 50-day moving average is $42.24 and its 200 day moving average is $42.23. PGIM Total Return Bond ETF has a 1 year low of $40.21 and a 1 year high of $42.78.

PGIM Total Return Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1547 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15.

PGIM Total Return Bond ETF Company Profile

The PGIM Total Return Bond ETF (PTRB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks total return from an actively managed, core portfolio of global investment-grade and high-yield fixed income securities with a maturity of greater than one year. PTRB was launched on Dec 8, 2021 and is managed by PGIM.