Team Financial Group LLC Grows Stake in PGIM Total Return Bond ETF $PTRB

Team Financial Group LLC lifted its holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 4.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 333,938 shares of the company’s stock after buying an additional 15,736 shares during the quarter. PGIM Total Return Bond ETF makes up about 6.3% of Team Financial Group LLC’s portfolio, making the stock its 6th biggest position. Team Financial Group LLC’s holdings in PGIM Total Return Bond ETF were worth $13,862,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PTRB. MML Investors Services LLC purchased a new stake in shares of PGIM Total Return Bond ETF during the fourth quarter valued at $233,000. GWN Securities Inc. purchased a new position in PGIM Total Return Bond ETF in the 4th quarter worth about $250,000. Cora Capital Advisors LLC increased its stake in PGIM Total Return Bond ETF by 5.5% in the 1st quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock worth $277,000 after buying an additional 345 shares during the period. Kestra Private Wealth Services LLC bought a new stake in PGIM Total Return Bond ETF during the 4th quarter valued at about $299,000. Finally, Summit Wealth Group LLC Co. bought a new stake in PGIM Total Return Bond ETF during the 4th quarter valued at about $315,000.

PGIM Total Return Bond ETF Price Performance

PGIM Total Return Bond ETF stock opened at $41.22 on Monday. PGIM Total Return Bond ETF has a 1 year low of $40.72 and a 1 year high of $42.78. The firm has a 50-day moving average of $41.45 and a two-hundred day moving average of $41.83.

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.