FAS Wealth Partners Inc. Has $32.84 Million Holdings in PGIM Total Return Bond ETF $PTRB

FAS Wealth Partners Inc. grew its position in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 25.5% in the 1st quarter, HoldingsChannel reports. The firm owned 791,128 shares of the company’s stock after acquiring an additional 160,645 shares during the quarter. PGIM Total Return Bond ETF makes up about 2.0% of FAS Wealth Partners Inc.’s holdings, making the stock its 10th biggest holding. FAS Wealth Partners Inc.’s holdings in PGIM Total Return Bond ETF were worth $32,840,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PTRB. Royal Bank of Canada purchased a new position in shares of PGIM Total Return Bond ETF during the 1st quarter valued at about $27,000. Everest Financial Group LLC bought a new stake in PGIM Total Return Bond ETF in the 1st quarter worth approximately $226,000. MML Investors Services LLC purchased a new stake in PGIM Total Return Bond ETF in the fourth quarter worth approximately $233,000. GWN Securities Inc. purchased a new stake in PGIM Total Return Bond ETF in the fourth quarter worth approximately $250,000. Finally, Cora Capital Advisors LLC grew its position in PGIM Total Return Bond ETF by 5.5% during the first quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock valued at $277,000 after acquiring an additional 345 shares during the last quarter.

PGIM Total Return Bond ETF Stock Performance

Shares of NYSEARCA PTRB opened at $40.74 on Monday. PGIM Total Return Bond ETF has a one year low of $40.67 and a one year high of $42.78. The firm’s 50 day simple moving average is $41.35 and its two-hundred day simple moving average is $41.71.

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.