Cary Street Partners Financial LLC grew its stake in PGIM Portfolio Ballast ETF (BATS:PBL – Free Report) by 4.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,232,149 shares of the company’s stock after buying an additional 53,804 shares during the period. PGIM Portfolio Ballast ETF makes up approximately 0.9% of Cary Street Partners Financial LLC’s holdings, making the stock its 20th biggest position. Cary Street Partners Financial LLC owned about 0.58% of PGIM Portfolio Ballast ETF worth $38,073,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Royal Bank of Canada lifted its position in shares of PGIM Portfolio Ballast ETF by 108.4% during the 1st quarter. Royal Bank of Canada now owns 10,692 shares of the company’s stock worth $293,000 after purchasing an additional 5,562 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of PGIM Portfolio Ballast ETF during the 2nd quarter worth about $530,000. Finally, Wolverine Trading LLC acquired a new position in shares of PGIM Portfolio Ballast ETF during the 3rd quarter worth about $538,000.
PGIM Portfolio Ballast ETF Price Performance
BATS PBL opened at $32.87 on Tuesday. PGIM Portfolio Ballast ETF has a twelve month low of $27.97 and a twelve month high of $33.18. The stock has a 50-day simple moving average of $31.40 and a 200 day simple moving average of $31.27.
PGIM Portfolio Ballast ETF Company Profile
The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.
See Also
- Five stocks we like better than PGIM Portfolio Ballast ETF
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Want to see what other hedge funds are holding PBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Portfolio Ballast ETF (BATS:PBL – Free Report).
Receive News & Ratings for PGIM Portfolio Ballast ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Portfolio Ballast ETF and related companies with MarketBeat.com's FREE daily email newsletter.
