Cary Street Partners Financial LLC Buys 113,077 Shares of PGIM Portfolio Ballast ETF (BATS:PBL)

Cary Street Partners Financial LLC increased its stake in PGIM Portfolio Ballast ETF (BATS:PBL) by 20.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 673,300 shares of the company’s stock after purchasing an additional 113,077 shares during the period. Cary Street Partners Financial LLC owned approximately 31.46% of PGIM Portfolio Ballast ETF worth $18,466,000 as of its most recent filing with the SEC.

PGIM Portfolio Ballast ETF Stock Performance

Shares of BATS PBL opened at $29.96 on Tuesday. PGIM Portfolio Ballast ETF has a 52 week low of $21.18 and a 52 week high of $31.19. The stock’s fifty day moving average is $29.11 and its 200 day moving average is $28.28.

PGIM Portfolio Ballast ETF Company Profile

The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.