Cypress Capital LLC Increases Stock Position in PGIM Total Return Bond ETF $PTRB

Cypress Capital LLC boosted its holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 16.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,634 shares of the company’s stock after acquiring an additional 3,140 shares during the quarter. Cypress Capital LLC’s holdings in PGIM Total Return Bond ETF were worth $947,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of PGIM Total Return Bond ETF by 5.4% during the first quarter. Bank of New York Mellon Corp now owns 147,831 shares of the company’s stock valued at $6,170,000 after buying an additional 7,522 shares during the last quarter. Envestnet Asset Management Inc. raised its position in PGIM Total Return Bond ETF by 134.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 836,298 shares of the company’s stock worth $34,907,000 after buying an additional 479,078 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in PGIM Total Return Bond ETF during the 2nd quarter valued at about $6,681,000. Janney Montgomery Scott LLC lifted its stake in PGIM Total Return Bond ETF by 13.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 11,363 shares of the company’s stock valued at $475,000 after acquiring an additional 1,380 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of PGIM Total Return Bond ETF by 62.2% during the 1st quarter. Raymond James Financial Inc. now owns 148,468 shares of the company’s stock valued at $6,197,000 after acquiring an additional 56,951 shares during the last quarter.

PGIM Total Return Bond ETF Trading Up 0.1%

Shares of PTRB stock opened at $42.21 on Monday. The company has a 50 day moving average price of $42.31 and a 200-day moving average price of $41.72. PGIM Total Return Bond ETF has a 52 week low of $40.21 and a 52 week high of $42.70.

PGIM Total Return Bond ETF 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.