Richards Merrill & Peterson Inc. Purchases 71,274 Shares of PGIM Total Return Bond ETF $PTRB

Richards Merrill & Peterson Inc. acquired a new stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 71,274 shares of the company’s stock, valued at approximately $2,811,000. PGIM Total Return Bond ETF makes up approximately 0.8% of Richards Merrill & Peterson Inc.’s holdings, making the stock its 29th biggest position. Richards Merrill & Peterson Inc. owned 0.25% of PGIM Total Return Bond ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PTRB. AdvisorNet Financial Inc bought a new stake in PGIM Total Return Bond ETF in the third quarter valued at about $502,000. WealthPLAN Partners LLC bought a new position in PGIM Total Return Bond ETF during the third quarter worth about $813,000. Howard Financial Services LTD. lifted its stake in PGIM Total Return Bond ETF by 2.3% during the third quarter. Howard Financial Services LTD. now owns 796,745 shares of the company’s stock worth $31,424,000 after purchasing an additional 18,182 shares during the period. Fermata Advisors LLC bought a new position in PGIM Total Return Bond ETF during the third quarter worth about $1,013,000. Finally, RFG Bristol Wealth Advisors LLC boosted its holdings in PGIM Total Return Bond ETF by 9.7% during the third quarter. RFG Bristol Wealth Advisors LLC now owns 307,726 shares of the company’s stock valued at $12,137,000 after purchasing an additional 27,184 shares in the last quarter.

PGIM Total Return Bond ETF Stock Down 0.3%

NYSEARCA PTRB traded down $0.12 during trading on Monday, reaching $39.73. 86,109 shares of the company traded hands, compared to its average volume of 159,446. PGIM Total Return Bond ETF has a 1-year low of $39.26 and a 1-year high of $42.78. The stock’s 50 day moving average price is $40.32 and its two-hundred day moving average price is $41.04.

PGIM Total Return Bond ETF Company Profile

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.