PGIM Short Duration Multi-Sector Bond ETF $PSDM is Team Financial Group LLC’s 7th Largest Position

Team Financial Group LLC increased its position in shares of PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) by 5.4% in the first quarter, HoldingsChannel reports. The firm owned 200,595 shares of the company’s stock after acquiring an additional 10,216 shares during the quarter. PGIM Short Duration Multi-Sector Bond ETF accounts for 4.6% of Team Financial Group LLC’s portfolio, making the stock its 7th biggest position. Team Financial Group LLC owned about 0.13% of PGIM Short Duration Multi-Sector Bond ETF worth $10,224,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new position in PGIM Short Duration Multi-Sector Bond ETF in the 1st quarter worth approximately $83,000. Ascentis Independent Advisors purchased a new position in PGIM Short Duration Multi-Sector Bond ETF during the 1st quarter worth approximately $398,000. Thoroughbred Financial Services LLC lifted its stake in PGIM Short Duration Multi-Sector Bond ETF by 149.0% during the 4th quarter. Thoroughbred Financial Services LLC now owns 11,652 shares of the company’s stock valued at $599,000 after acquiring an additional 6,972 shares during the period. IFP Advisors Inc lifted its stake in PGIM Short Duration Multi-Sector Bond ETF by 30.8% during the 3rd quarter. IFP Advisors Inc now owns 29,221 shares of the company’s stock valued at $1,507,000 after acquiring an additional 6,879 shares during the period. Finally, Steel Grove Capital Advisors LLC boosted its holdings in shares of PGIM Short Duration Multi-Sector Bond ETF by 76.3% in the 4th quarter. Steel Grove Capital Advisors LLC now owns 68,809 shares of the company’s stock valued at $3,542,000 after acquiring an additional 29,778 shares during the last quarter.

PGIM Short Duration Multi-Sector Bond ETF Stock Performance

BATS:PSDM opened at $50.89 on Monday. PGIM Short Duration Multi-Sector Bond ETF has a 1-year low of $50.76 and a 1-year high of $52.03. The company’s fifty day moving average price is $51.03 and its 200-day moving average price is $51.28.

PGIM Short Duration Multi-Sector Bond ETF Company Profile

The PGIM Short Duration Multi-Sector Bond ETF (PSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. PDSM is an actively managed fund that holds a broad range of fixed income instruments with any credit rating, duration, and maturity, while targeting a weighted average maturity of less than or equal to five years. Securities are selected using both top-down analysis and bottom-up research. PSDM was launched on Jul 19, 2023 and is issued by PGIM.