PGIM Total Return Bond ETF $PTRB Stock: Team Financial Group LLC Reduces Position

Team Financial Group LLC lessened its stake in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 46.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 172,266 shares of the company’s stock after selling 148,343 shares during the period. PGIM Total Return Bond ETF makes up about 2.8% of Team Financial Group LLC’s portfolio, making the stock its 12th biggest position. Team Financial Group LLC owned approximately 0.59% of PGIM Total Return Bond ETF worth $6,794,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Apollon Wealth Management LLC raised its position in PGIM Total Return Bond ETF by 16.6% during the third quarter. Apollon Wealth Management LLC now owns 2,575,980 shares of the company’s stock valued at $101,597,000 after acquiring an additional 366,693 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of PGIM Total Return Bond ETF by 6.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,368,039 shares of the company’s stock worth $56,719,000 after acquiring an additional 81,139 shares in the last quarter. FAS Wealth Partners Inc. increased its stake in shares of PGIM Total Return Bond ETF by 25.5% in the 1st quarter. FAS Wealth Partners Inc. now owns 791,128 shares of the company’s stock valued at $32,840,000 after purchasing an additional 160,645 shares in the last quarter. Howard Financial Services LTD. boosted its position in PGIM Total Return Bond ETF by 2.3% during the third quarter. Howard Financial Services LTD. now owns 796,745 shares of the company’s stock worth $31,424,000 after purchasing an additional 18,182 shares in the last quarter. Finally, Boyum Wealth Architects LLC increased its position in shares of PGIM Total Return Bond ETF by 0.3% in the third quarter. Boyum Wealth Architects LLC now owns 680,149 shares of the company’s stock valued at $26,808,000 after buying an additional 1,980 shares in the last quarter.

PGIM Total Return Bond ETF Trading Up 0.5%

Shares of NYSEARCA:PTRB opened at $40.29 on Thursday. PGIM Total Return Bond ETF has a 1 year low of $39.26 and a 1 year high of $42.78. The business’s 50 day moving average price is $40.09 and its 200-day moving average price is $41.23.

About PGIM Total Return Bond ETF

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.