Oppenheimer & Co. Inc. Purchases 21,543 Shares of PGIM Floating Rate Income ETF $PFRL

Oppenheimer & Co. Inc. acquired a new stake in shares of PGIM Floating Rate Income ETF (NYSEARCA:PFRL) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 21,543 shares of the company’s stock, valued at approximately $1,067,000. Oppenheimer & Co. Inc. owned about 0.81% of PGIM Floating Rate Income ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Moody National Bank Trust Division acquired a new stake in PGIM Floating Rate Income ETF during the third quarter worth about $6,996,000. Kestra Advisory Services LLC increased its stake in PGIM Floating Rate Income ETF by 213.9% in the first quarter. Kestra Advisory Services LLC now owns 21,051 shares of the company’s stock valued at $1,025,000 after acquiring an additional 14,345 shares during the period. Focus Financial Network Inc. increased its stake in PGIM Floating Rate Income ETF by 41.3% in the third quarter. Focus Financial Network Inc. now owns 19,705 shares of the company’s stock valued at $980,000 after acquiring an additional 5,756 shares during the period. Tactive Advisors LLC lifted its stake in PGIM Floating Rate Income ETF by 77.5% during the third quarter. Tactive Advisors LLC now owns 14,661 shares of the company’s stock worth $726,000 after purchasing an additional 6,399 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in PGIM Floating Rate Income ETF by 23.0% during the second quarter. Envestnet Asset Management Inc. now owns 7,036 shares of the company’s stock worth $348,000 after purchasing an additional 1,317 shares during the period.

PGIM Floating Rate Income ETF Trading Down 0.0%

PFRL stock opened at $49.03 on Tuesday. PGIM Floating Rate Income ETF has a 1-year low of $48.60 and a 1-year high of $50.20. The business’s 50 day moving average is $49.58 and its 200-day moving average is $49.44.

About PGIM Floating Rate Income ETF

The PGIM Floating Rate Income ETF (PFRL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by investing mainly in senior floating rate loans of any credit quality from around the world. PFRL was launched on May 17, 2022 and is managed by PGIM.