PGIM Total Return Bond ETF (NYSEARCA:PTRB) Shares Bought by Team Financial Group LLC

Team Financial Group LLC increased its holdings in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 224,606 shares of the company’s stock after acquiring an additional 18,729 shares during the period. PGIM Total Return Bond ETF comprises about 6.2% of Team Financial Group LLC’s investment portfolio, making the stock its 5th biggest position. Team Financial Group LLC owned 3.98% of PGIM Total Return Bond ETF worth $9,263,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. AJ Advisors LLC lifted its holdings in shares of PGIM Total Return Bond ETF by 1,020.2% during the second quarter. AJ Advisors LLC now owns 141,079 shares of the company’s stock valued at $5,818,000 after acquiring an additional 128,485 shares during the period. Envestnet Asset Management Inc. increased its position in shares of PGIM Total Return Bond ETF by 200.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 189,901 shares of the company’s stock worth $7,832,000 after purchasing an additional 126,642 shares in the last quarter. Howard Financial Services LTD. lifted its holdings in PGIM Total Return Bond ETF by 24.5% during the 2nd quarter. Howard Financial Services LTD. now owns 568,509 shares of the company’s stock valued at $23,446,000 after purchasing an additional 111,745 shares during the last quarter. Apollon Wealth Management LLC boosted its position in PGIM Total Return Bond ETF by 9.1% in the second quarter. Apollon Wealth Management LLC now owns 900,221 shares of the company’s stock valued at $37,126,000 after buying an additional 75,465 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in PGIM Total Return Bond ETF during the second quarter worth about $2,063,000.

PGIM Total Return Bond ETF Stock Performance

NYSEARCA:PTRB opened at $42.93 on Friday. PGIM Total Return Bond ETF has a 1 year low of $38.53 and a 1 year high of $43.15. The firm has a 50 day moving average of $42.32 and a 200-day moving average of $41.53.

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.