PGIM Total Return Bond ETF (NYSEARCA:PTRB) Sees Unusually-High Trading Volume – Time to Buy?

Shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) saw an uptick in trading volume on Thursday. Approximately 519,969 shares were traded during mid-day trading, an increase of 218% from the previous session’s volume of 163,733 shares. The stock last traded at $40.1570 and had previously closed at $39.81.

PGIM Total Return Bond ETF Trading Up 0.8%

The company has a fifty day moving average price of $40.25 and a 200 day moving average price of $41.01.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. 365 WMG Private Fund I Primus Fund LLC bought a new position in shares of PGIM Total Return Bond ETF during the 3rd quarter worth $265,000. Maia Wealth LLC boosted its position in PGIM Total Return Bond ETF by 14.5% during the 3rd quarter. Maia Wealth LLC now owns 93,583 shares of the company’s stock valued at $3,691,000 after acquiring an additional 11,832 shares in the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in shares of PGIM Total Return Bond ETF during the 3rd quarter worth $2,811,000. AdvisorNet Financial Inc bought a new stake in PGIM Total Return Bond ETF during the third quarter valued at about $502,000. Finally, WealthPLAN Partners LLC purchased a new stake in shares of PGIM Total Return Bond ETF during the third quarter valued at about $813,000.

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.