PGIM Total Return Bond ETF (NYSEARCA:PTRB) Sees Strong Trading Volume – What’s Next?

PGIM Total Return Bond ETF (NYSEARCA:PTRB – Get Free Report) shares saw unusually-strong trading volume on Thursday. Approximately 638,749 shares traded hands during trading, an increase of 309% from the previous session’s volume of 156,058 shares. The stock last traded at $39.5550 and had previously closed at $39.46.

PGIM Total Return Bond ETF Stock Performance

The firm has a 50-day moving average of $40.44 and a 200 day moving average of $41.11.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Cora Capital Advisors LLC increased its holdings in shares of PGIM Total Return Bond ETF by 5.5% during the 1st quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock worth $277,000 after acquiring an additional 345 shares during the last quarter. Royal Bank of Canada acquired a new stake in PGIM Total Return Bond ETF during the 1st quarter valued at $27,000. Integrated Wealth Concepts LLC lifted its holdings in PGIM Total Return Bond ETF by 0.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 191,679 shares of the company’s stock valued at $7,947,000 after purchasing an additional 1,242 shares during the last quarter. Richards Merrill & Peterson Inc. boosted its position in PGIM Total Return Bond ETF by 2.8% during the first quarter. Richards Merrill & Peterson Inc. now owns 65,214 shares of the company’s stock worth $2,707,000 after purchasing an additional 1,767 shares during the period. Finally, NewEdge Advisors LLC boosted its position in PGIM Total Return Bond ETF by 3.4% during the second quarter. NewEdge Advisors LLC now owns 58,971 shares of the company’s stock worth $2,445,000 after purchasing an additional 1,964 shares during the period.

About PGIM Total Return Bond ETF

(Get Free Report)

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.

Further Reading

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