Fermata Advisors LLC bought a new stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,696 shares of the company’s stock, valued at approximately $1,013,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada purchased a new position in shares of PGIM Total Return Bond ETF in the first quarter worth about $27,000. Everest Financial Group LLC purchased a new stake in PGIM Total Return Bond ETF during the 1st quarter valued at about $226,000. Cora Capital Advisors LLC grew its stake in PGIM Total Return Bond ETF by 5.5% during the 1st quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock valued at $277,000 after acquiring an additional 345 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in PGIM Total Return Bond ETF in the 2nd quarter valued at about $449,000. Finally, Rockefeller Capital Management L.P. raised its holdings in PGIM Total Return Bond ETF by 470.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 20,848 shares of the company’s stock valued at $876,000 after acquiring an additional 17,195 shares during the last quarter.
PGIM Total Return Bond ETF Stock Performance
Shares of PGIM Total Return Bond ETF stock opened at $39.57 on Tuesday. The stock’s 50 day simple moving average is $40.41 and its 200-day simple moving average is $41.09. PGIM Total Return Bond ETF has a 1-year low of $39.26 and a 1-year high of $42.78.
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.
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