PGIM Total Return Bond ETF (NYSEARCA:PTRB) Sees Large Volume Increase – Should You Buy?

PGIM Total Return Bond ETF (NYSEARCA:PTRB – Get Free Report) saw an uptick in trading volume on Thursday. Approximately 638,749 shares changed hands during trading, an increase of 309% from the previous session’s volume of 156,058 shares. The stock last traded at $39.5550 and had previously closed at $39.46.

PGIM Total Return Bond ETF Price Performance

The business’s fifty day moving average price is $40.49 and its 200-day moving average price is $41.13.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Royal Bank of Canada purchased a new position in shares of PGIM Total Return Bond ETF during the 1st quarter valued at $27,000. Everest Financial Group LLC purchased a new position in PGIM Total Return Bond ETF during the first quarter worth about $226,000. 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 acquiring an additional 345 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new stake in shares of PGIM Total Return Bond ETF in the 2nd quarter valued at about $449,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of PGIM Total Return Bond ETF by 470.7% during 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.

About PGIM Total Return Bond ETF

(Get Free Report)

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.

Further Reading

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