44,499 PGIM Short Duration Multi-Sector Bond ETF $PSDM Shares Acquired by Team Financial Group LLC

Team Financial Group LLC increased its holdings in PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) by 20.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 262,966 shares of the company’s stock after buying an additional 44,499 shares during the period. PGIM Short Duration Multi-Sector Bond ETF accounts for approximately 5.4% of Team Financial Group LLC’s portfolio, making the stock its 6th largest position. Team Financial Group LLC owned 0.17% of PGIM Short Duration Multi-Sector Bond ETF worth $13,148,000 at the end of the most recent reporting period.

Separately, Ascentis Independent Advisors bought a new stake in shares of PGIM Short Duration Multi-Sector Bond ETF in the 1st quarter worth about $398,000.

PGIM Short Duration Multi-Sector Bond ETF Stock Up 0.2%

Shares of BATS:PSDM opened at $50.33 on Thursday. PGIM Short Duration Multi-Sector Bond ETF has a 12 month low of $49.97 and a 12 month high of $51.77. The company has a 50-day moving average price of $50.36 and a 200 day moving average price of $50.96.

About PGIM Short Duration Multi-Sector Bond ETF

The PGIM Short Duration Multi-Sector Bond ETF (PSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. PDSM is an actively managed fund that holds a broad range of fixed income instruments with any credit rating, duration, and maturity, while targeting a weighted average maturity of less than or equal to five years. Securities are selected using both top-down analysis and bottom-up research. PSDM was launched on Jul 19, 2023 and is issued by PGIM.