PGIM Total Return Bond ETF $PTRB Stock Holdings Boosted by Howard Financial Services LTD.

Howard Financial Services LTD. grew its stake in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 732,998 shares of the company’s stock after purchasing an additional 55,578 shares during the quarter. PGIM Total Return Bond ETF makes up about 3.6% of Howard Financial Services LTD.’s holdings, making the stock its 10th biggest position. Howard Financial Services LTD. owned 4.57% of PGIM Total Return Bond ETF worth $30,815,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of PTRB. Envestnet Asset Management Inc. grew its position in shares of PGIM Total Return Bond ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,080,150 shares of the company’s stock valued at $45,582,000 after buying an additional 78,048 shares during the last quarter. Raymond James Financial Inc. raised its stake in PGIM Total Return Bond ETF by 158.6% during the 3rd quarter. Raymond James Financial Inc. now owns 907,752 shares of the company’s stock worth $38,307,000 after acquiring an additional 556,673 shares in the last quarter. FAS Wealth Partners Inc. lifted its position in PGIM Total Return Bond ETF by 10.8% in the third quarter. FAS Wealth Partners Inc. now owns 557,927 shares of the company’s stock valued at $23,545,000 after acquiring an additional 54,491 shares during the last quarter. Advisory Resource Group lifted its position in PGIM Total Return Bond ETF by 116.7% in the third quarter. Advisory Resource Group now owns 455,178 shares of the company’s stock valued at $19,209,000 after acquiring an additional 245,134 shares during the last quarter. Finally, Boyum Wealth Architects LLC boosted its stake in PGIM Total Return Bond ETF by 18.8% in the third quarter. Boyum Wealth Architects LLC now owns 428,931 shares of the company’s stock valued at $18,101,000 after acquiring an additional 67,906 shares in the last quarter.

PGIM Total Return Bond ETF Stock Down 0.2%

Shares of PTRB stock opened at $41.50 on Wednesday. The stock’s 50-day moving average is $42.15 and its two-hundred day moving average is $42.23. PGIM Total Return Bond ETF has a 1 year low of $40.21 and a 1 year high of $42.78.

PGIM Total Return Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1547 per share. This represents a c) annualized dividend and a yield of 4.5%. This is a positive change from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, March 2nd.

PGIM Total Return Bond ETF Company Profile

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.