PGIM Total Return Bond ETF (NYSEARCA:PTRB – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as $39.58 and last traded at $39.5350, with a volume of 40240 shares. The stock had previously closed at $39.63.
PGIM Total Return Bond ETF Trading Down 0.4%
The firm has a 50-day moving average price of $40.65 and a 200 day moving average price of $41.22.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in PTRB. Envestnet Asset Management Inc. lifted its holdings in shares of PGIM Total Return Bond ETF by 6.3% in 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 during the last quarter. Integrated Wealth Concepts LLC raised its position in PGIM Total Return Bond ETF by 0.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 191,679 shares of the company’s stock worth $7,947,000 after purchasing an additional 1,242 shares during the period. NewEdge Advisors LLC lifted its stake in PGIM Total Return Bond ETF by 3.4% in the second quarter. NewEdge Advisors LLC now owns 58,971 shares of the company’s stock worth $2,445,000 after purchasing an additional 1,964 shares during the last quarter. Citadel Advisors LLC lifted its stake in PGIM Total Return Bond ETF by 69.0% in the second quarter. Citadel Advisors LLC now owns 43,823 shares of the company’s stock worth $1,817,000 after purchasing an additional 17,895 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in PGIM Total Return Bond ETF during the second quarter valued at about $449,000.
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.
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