PFG Private Wealth Management LLC Acquires Shares of 182,656 PGIM Total Return Bond ETF $PTRB

PFG Private Wealth Management LLC acquired a new stake in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 182,656 shares of the company’s stock, valued at approximately $7,708,000. PGIM Total Return Bond ETF accounts for about 3.4% of PFG Private Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. FAS Wealth Partners Inc. grew its holdings in PGIM Total Return Bond ETF by 10.8% in the 3rd quarter. FAS Wealth Partners Inc. now owns 557,927 shares of the company’s stock worth $23,545,000 after acquiring an additional 54,491 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of PGIM Total Return Bond ETF by 11.3% during the third quarter. Commonwealth Equity Services LLC now owns 383,523 shares of the company’s stock valued at $16,185,000 after acquiring an additional 38,815 shares during the last quarter. Boyum Wealth Architects LLC raised its stake in shares of PGIM Total Return Bond ETF by 18.8% during 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 during the last quarter. Advisory Resource Group boosted its holdings in shares of PGIM Total Return Bond ETF by 116.7% during the third quarter. Advisory Resource Group now owns 455,178 shares of the company’s stock worth $19,209,000 after purchasing an additional 245,134 shares during the period. Finally, Armor Investment Advisors LLC grew its stake in shares of PGIM Total Return Bond ETF by 0.8% in the second quarter. Armor Investment Advisors LLC now owns 167,925 shares of the company’s stock worth $7,024,000 after purchasing an additional 1,290 shares during the last quarter.

PGIM Total Return Bond ETF Trading Down 0.1%

NYSEARCA PTRB opened at $42.22 on Thursday. PGIM Total Return Bond ETF has a fifty-two week low of $40.21 and a fifty-two week high of $42.70. The stock has a 50 day simple moving average of $42.12 and a two-hundred day simple moving average of $42.14.

PGIM Total Return Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1475 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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.