PGIM Total Return Bond ETF $PTRB Shares Acquired by Novem Group

Novem Group grew its position in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 11.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 249,720 shares of the company’s stock after buying an additional 24,897 shares during the quarter. PGIM Total Return Bond ETF accounts for 1.2% of Novem Group’s holdings, making the stock its 19th largest holding. Novem Group’s holdings in PGIM Total Return Bond ETF were worth $10,498,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Private Wealth Asset Management LLC acquired a new stake in shares of PGIM Total Return Bond ETF in the third quarter valued at $134,000. Axecap Investments LLC acquired a new stake in shares of PGIM Total Return Bond ETF in the third quarter valued at $245,000. Golden State Equity Partners grew its stake in shares of PGIM Total Return Bond ETF by 2.9% in the third quarter. Golden State Equity Partners now owns 11,121 shares of the company’s stock valued at $469,000 after buying an additional 317 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of PGIM Total Return Bond ETF in the fourth quarter valued at $497,000. Finally, Twin Peaks Wealth Advisors LLC boosted its holdings in PGIM Total Return Bond ETF by 3.3% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 25,583 shares of the company’s stock valued at $1,080,000 after purchasing an additional 822 shares during the period.

PGIM Total Return Bond ETF Trading Up 0.0%

NYSEARCA:PTRB opened at $41.97 on Tuesday. The stock has a fifty day moving average price of $42.00 and a 200 day moving average price of $42.15. PGIM Total Return Bond ETF has a 12-month low of $40.71 and a 12-month high of $42.78.

PGIM Total Return Bond ETF Increases Dividend

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

PGIM Total Return Bond ETF 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.