PGIM Total Return Bond ETF (NYSEARCA:PTRB) Stock Position Raised by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its position in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 168.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 140,309 shares of the company’s stock after acquiring an additional 88,109 shares during the quarter. Bank of New York Mellon Corp owned approximately 2.48% of PGIM Total Return Bond ETF worth $5,747,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Cypress Capital LLC lifted its position in PGIM Total Return Bond ETF by 37.9% in the 4th quarter. Cypress Capital LLC now owns 24,724 shares of the company’s stock worth $1,013,000 after buying an additional 6,795 shares in the last quarter. SilverOak Wealth Management LLC raised its holdings in shares of PGIM Total Return Bond ETF by 113.9% during the 4th quarter. SilverOak Wealth Management LLC now owns 35,401 shares of the company’s stock valued at $1,450,000 after purchasing an additional 18,854 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of PGIM Total Return Bond ETF by 5.6% during the 4th quarter. Sanctuary Advisors LLC now owns 42,311 shares of the company’s stock valued at $1,750,000 after purchasing an additional 2,235 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of PGIM Total Return Bond ETF by 29.5% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 25,412 shares of the company’s stock valued at $1,041,000 after purchasing an additional 5,786 shares in the last quarter. Finally, Advisory Resource Group raised its holdings in shares of PGIM Total Return Bond ETF by 49.4% during the 4th quarter. Advisory Resource Group now owns 184,409 shares of the company’s stock valued at $7,553,000 after purchasing an additional 60,952 shares in the last quarter.

PGIM Total Return Bond ETF Stock Performance

PGIM Total Return Bond ETF stock opened at $41.52 on Monday. The firm’s fifty day simple moving average is $41.28 and its 200-day simple moving average is $41.71. PGIM Total Return Bond ETF has a 1-year low of $40.27 and a 1-year high of $43.15.

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.