Jane Street Group LLC Sells 68,401 Shares of PGIM Floating Rate Income ETF (NYSEARCA:PFRL)

Jane Street Group LLC decreased its stake in PGIM Floating Rate Income ETF (NYSEARCA:PFRL) by 87.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,265 shares of the company’s stock after selling 68,401 shares during the period. Jane Street Group LLC owned 0.80% of PGIM Floating Rate Income ETF worth $520,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in PFRL. OneAscent Wealth Management LLC raised its position in PGIM Floating Rate Income ETF by 264.6% in the third quarter. OneAscent Wealth Management LLC now owns 14,626 shares of the company’s stock worth $741,000 after acquiring an additional 10,615 shares during the period. Bank of Montreal Can bought a new stake in PGIM Floating Rate Income ETF in the second quarter worth about $1,493,000. Finally, AE Wealth Management LLC raised its position in PGIM Floating Rate Income ETF by 118.1% in the second quarter. AE Wealth Management LLC now owns 41,234 shares of the company’s stock worth $2,084,000 after acquiring an additional 22,325 shares during the period.

PGIM Floating Rate Income ETF Price Performance

NYSEARCA PFRL opened at $50.46 on Monday. The company’s 50 day moving average is $50.73 and its 200-day moving average is $50.56. PGIM Floating Rate Income ETF has a 12-month low of $49.75 and a 12-month high of $51.51.

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.