PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) Stock Price Down 0.3% – Here’s Why

PGIM Laddered Nasdaq-100 Buffer 12 ETF (NASDAQ:PBQQ) shares fell 0.3% on Thursday . The stock traded as low as $28.73 and last traded at $28.82. 7,670 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 18,785 shares. The stock had previously closed at $28.92.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Stock Down 0.2%

The firm has a market cap of $32.84 million, a P/E ratio of 30.37 and a beta of 0.54. The stock’s 50-day moving average is $28.90 and its 200-day moving average is $28.42.

PGIM Laddered Nasdaq-100 Buffer 12 ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Tuesday, December 30th were given a dividend of $0.0042 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a dividend yield of 1.0%.

Institutional Trading of PGIM Laddered Nasdaq-100 Buffer 12 ETF

Large investors have recently bought and sold shares of the business. Foguth Wealth Management LLC. acquired a new position in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the fourth quarter valued at approximately $12,360,000. AssuredPartners Investment Advisors LLC boosted its stake in PGIM Laddered Nasdaq-100 Buffer 12 ETF by 623.3% in the 4th quarter. AssuredPartners Investment Advisors LLC now owns 62,724 shares of the company’s stock worth $1,808,000 after purchasing an additional 54,052 shares during the period. OLD Mission Capital LLC bought a new position in PGIM Laddered Nasdaq-100 Buffer 12 ETF during the 4th quarter worth about $414,000. Cetera Investment Advisers acquired a new stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF in the 4th quarter valued at about $224,000. Finally, DHJJ Financial Advisors Ltd. raised its stake in shares of PGIM Laddered Nasdaq-100 Buffer 12 ETF by 173.7% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 4,891 shares of the company’s stock valued at $141,000 after purchasing an additional 3,104 shares during the period.

About PGIM Laddered Nasdaq-100 Buffer 12 ETF

The PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of four PGIM Nasdaq-100 Buffer 12 ETFs. PBQQ was launched on Dec 27, 2024 and is issued by PGIM.