NewEdge Advisors LLC Acquires New Shares in PGIM Total Return Bond ETF $PTRB

NewEdge Advisors LLC bought a new stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 57,007 shares of the company’s stock, valued at approximately $2,366,000. NewEdge Advisors LLC owned about 0.26% of PGIM Total Return Bond ETF as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Apollon Wealth Management LLC lifted its holdings in shares of PGIM Total Return Bond ETF by 0.9% in the first quarter. Apollon Wealth Management LLC now owns 1,728,202 shares of the company’s stock worth $71,738,000 after acquiring an additional 15,822 shares during the last quarter. Raymond James Financial Inc. boosted its stake in shares of PGIM Total Return Bond ETF by 158.6% in the 3rd quarter. Raymond James Financial Inc. now owns 907,752 shares of the company’s stock valued at $38,307,000 after purchasing an additional 556,673 shares in the last quarter. FAS Wealth Partners Inc. grew its holdings in shares of PGIM Total Return Bond ETF by 13.0% during the 4th quarter. FAS Wealth Partners Inc. now owns 630,483 shares of the company’s stock valued at $26,506,000 after purchasing an additional 72,556 shares during the last quarter. Boyum Wealth Architects LLC grew its holdings in shares of PGIM Total Return Bond ETF by 41.2% during the 4th quarter. Boyum Wealth Architects LLC now owns 605,802 shares of the company’s stock valued at $25,553,000 after purchasing an additional 176,871 shares during the last quarter. Finally, Advisory Resource Group increased its position in PGIM Total Return Bond ETF by 3.9% during the 4th quarter. Advisory Resource Group now owns 472,860 shares of the company’s stock worth $19,879,000 after purchasing an additional 17,682 shares in the last quarter.

PGIM Total Return Bond ETF Trading Down 0.3%

PTRB stock opened at $40.96 on Friday. The company has a 50 day simple moving average of $41.25 and a 200 day simple moving average of $41.64. PGIM Total Return Bond ETF has a 1 year low of $40.67 and a 1 year high of $42.78.

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.