Focus Financial Network Inc. bought a new position in PGIM Floating Rate Income ETF (NYSEARCA:PFRL – Free Report) in the second quarter, HoldingsChannel.com reports. The firm bought 13,949 shares of the company’s stock, valued at approximately $693,000.
A number of other large investors have also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC raised its stake in shares of PGIM Floating Rate Income ETF by 213.9% in the 1st quarter. Kestra Advisory Services LLC now owns 21,051 shares of the company’s stock worth $1,025,000 after buying an additional 14,345 shares in the last quarter. Cetera Investment Advisers bought a new position in PGIM Floating Rate Income ETF during the fourth quarter valued at about $1,409,000. Mariner LLC grew its holdings in PGIM Floating Rate Income ETF by 116.3% during the fourth quarter. Mariner LLC now owns 36,466 shares of the company’s stock worth $1,812,000 after acquiring an additional 19,608 shares during the period. Inspire Advisors LLC grew its holdings in PGIM Floating Rate Income ETF by 23.2% during the fourth quarter. Inspire Advisors LLC now owns 8,931 shares of the company’s stock worth $444,000 after acquiring an additional 1,681 shares during the period. Finally, Summit Financial LLC bought a new stake in PGIM Floating Rate Income ETF in the fourth quarter worth about $365,000.
PGIM Floating Rate Income ETF Trading Up 0.1%
Shares of PGIM Floating Rate Income ETF stock opened at $49.66 on Thursday. PGIM Floating Rate Income ETF has a 52 week low of $48.60 and a 52 week high of $50.48. The company’s 50-day moving average price is $49.56 and its two-hundred day moving average price is $49.36.
About PGIM Floating Rate Income ETF
The PGIM Floating Rate Income ETF (PFRL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by investing mainly in senior floating rate loans of any credit quality from around the world. PFRL was launched on May 17, 2022 and is managed by PGIM.
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Want to see what other hedge funds are holding PFRL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Floating Rate Income ETF (NYSEARCA:PFRL – Free Report).
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