21,543 Shares in PGIM Floating Rate Income ETF $PFRL Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new position in PGIM Floating Rate Income ETF (NYSEARCA:PFRL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 21,543 shares of the company’s stock, valued at approximately $1,067,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PFRL. Manchester Capital Management LLC acquired a new position in PGIM Floating Rate Income ETF in the third quarter worth $89,000. Focus Financial Network Inc. lifted its position in shares of PGIM Floating Rate Income ETF by 41.3% during the third quarter. Focus Financial Network Inc. now owns 19,705 shares of the company’s stock worth $980,000 after purchasing an additional 5,756 shares in the last quarter. Tactive Advisors LLC lifted its position in shares of PGIM Floating Rate Income ETF by 77.5% during the third quarter. Tactive Advisors LLC now owns 14,661 shares of the company’s stock worth $726,000 after purchasing an additional 6,399 shares in the last quarter. Moody National Bank Trust Division acquired a new position in shares of PGIM Floating Rate Income ETF during the third quarter worth approximately $6,996,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of PGIM Floating Rate Income ETF by 23.0% in the second quarter. Envestnet Asset Management Inc. now owns 7,036 shares of the company’s stock valued at $348,000 after purchasing an additional 1,317 shares in the last quarter.

PGIM Floating Rate Income ETF Stock Performance

PFRL stock opened at $49.03 on Tuesday. The company has a 50 day moving average price of $49.58 and a 200 day moving average price of $49.44. PGIM Floating Rate Income ETF has a fifty-two week low of $48.60 and a fifty-two week high of $50.20.

PGIM Floating Rate Income ETF Profile

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.