SilverOak Wealth Management LLC Increases Position in PGIM Total Return Bond ETF $PTRB

SilverOak Wealth Management LLC grew its stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 2.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,787 shares of the company’s stock after acquiring an additional 1,002 shares during the quarter. SilverOak Wealth Management LLC’s holdings in PGIM Total Return Bond ETF were worth $1,873,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in PTRB. Envestnet Asset Management Inc. increased its holdings in shares of PGIM Total Return Bond ETF by 134.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 836,298 shares of the company’s stock valued at $34,907,000 after acquiring an additional 479,078 shares during the period. Apollon Wealth Management LLC increased its holdings in shares of PGIM Total Return Bond ETF by 41.3% in the 1st quarter. Apollon Wealth Management LLC now owns 1,391,392 shares of the company’s stock valued at $58,076,000 after acquiring an additional 406,958 shares during the period. Truist Financial Corp purchased a new position in shares of PGIM Total Return Bond ETF in the 2nd quarter valued at $7,765,000. First Heartland Consultants Inc. increased its holdings in shares of PGIM Total Return Bond ETF by 2,563.1% in the 1st quarter. First Heartland Consultants Inc. now owns 180,506 shares of the company’s stock valued at $7,534,000 after acquiring an additional 173,728 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of PGIM Total Return Bond ETF in the 2nd quarter valued at $6,681,000.

PGIM Total Return Bond ETF Stock Performance

Shares of PTRB stock opened at $42.59 on Friday. PGIM Total Return Bond ETF has a 1-year low of $40.21 and a 1-year high of $42.60. The stock’s fifty day moving average price is $42.09 and its 200 day moving average price is $41.57.

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.