Janney Montgomery Scott LLC Has $631,000 Stock Position in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Janney Montgomery Scott LLC raised its stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 29.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,408 shares of the company’s stock after acquiring an additional 3,489 shares during the quarter. Janney Montgomery Scott LLC owned about 0.27% of PGIM Total Return Bond ETF worth $631,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PTRB. Genesis Private Wealth LLC bought a new position in shares of PGIM Total Return Bond ETF during the fourth quarter worth approximately $7,779,000. Howard Financial Services LTD. grew its position in PGIM Total Return Bond ETF by 13.0% during the fourth quarter. Howard Financial Services LTD. now owns 711,401 shares of the company’s stock worth $29,139,000 after buying an additional 82,046 shares in the last quarter. Sanctuary Advisors LLC increased its stake in PGIM Total Return Bond ETF by 36.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 40,076 shares of the company’s stock worth $1,660,000 after acquiring an additional 10,644 shares during the period. Advisory Resource Group raised its holdings in PGIM Total Return Bond ETF by 3.7% in the 3rd quarter. Advisory Resource Group now owns 123,457 shares of the company’s stock valued at $5,291,000 after acquiring an additional 4,390 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in shares of PGIM Total Return Bond ETF by 103.3% during the 3rd quarter. Stifel Financial Corp now owns 25,180 shares of the company’s stock valued at $1,079,000 after acquiring an additional 12,795 shares during the period.

PGIM Total Return Bond ETF Stock Down 0.2 %

PTRB stock opened at $41.27 on Friday. PGIM Total Return Bond ETF has a 52 week low of $40.27 and a 52 week high of $43.15. The business has a 50-day simple moving average of $41.21 and a 200 day simple moving average of $41.83.

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.