Team Financial Group LLC Has $7.77 Million Holdings in PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM)

Team Financial Group LLC boosted its holdings in shares of PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,835 shares of the company’s stock after purchasing an additional 13,327 shares during the quarter. PGIM Short Duration Multi-Sector Bond ETF comprises approximately 4.5% of Team Financial Group LLC’s holdings, making the stock its 8th largest position. Team Financial Group LLC owned about 10.26% of PGIM Short Duration Multi-Sector Bond ETF worth $7,766,000 at the end of the most recent quarter.

Separately, Steel Grove Capital Advisors LLC bought a new stake in PGIM Short Duration Multi-Sector Bond ETF during the 1st quarter valued at approximately $796,000.

PGIM Short Duration Multi-Sector Bond ETF Stock Performance

Shares of BATS:PSDM opened at $51.06 on Monday. The business has a 50 day moving average price of $50.90 and a 200 day moving average price of $50.92. PGIM Short Duration Multi-Sector Bond ETF has a twelve month low of $50.27 and a twelve month high of $51.60.

PGIM Short Duration Multi-Sector Bond ETF Profile

The PGIM Short Duration Multi-Sector Bond ETF (PSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. PDSM is an actively managed fund that holds a broad range of fixed income instruments with any credit rating, duration, and maturity, while targeting a weighted average maturity of less than or equal to five years.