Kingsview Wealth Management LLC Invests $830,000 in PGIM Total Return Bond ETF $PTRB

Kingsview Wealth Management LLC bought a new position in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,748 shares of the company’s stock, valued at approximately $830,000. Kingsview Wealth Management LLC owned 0.10% of PGIM Total Return Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Kestra Private Wealth Services LLC acquired a new stake in shares of PGIM Total Return Bond ETF during the fourth quarter worth about $299,000. Summit Wealth Group LLC Co. acquired a new stake in shares of PGIM Total Return Bond ETF during the fourth quarter worth about $315,000. Golden State Equity Partners boosted its stake in shares of PGIM Total Return Bond ETF by 5.0% during the fourth quarter. Golden State Equity Partners now owns 11,681 shares of the company’s stock worth $492,000 after buying an additional 560 shares during the period. Farther Finance Advisors LLC acquired a new stake in shares of PGIM Total Return Bond ETF during the fourth quarter worth about $497,000. Finally, Cypress Capital LLC boosted its stake in shares of PGIM Total Return Bond ETF by 12.0% during the fourth quarter. Cypress Capital LLC now owns 23,325 shares of the company’s stock worth $981,000 after buying an additional 2,498 shares during the period.

PGIM Total Return Bond ETF Trading Up 0.3%

Shares of PTRB opened at $41.62 on Tuesday. PGIM Total Return Bond ETF has a fifty-two week low of $40.72 and a fifty-two week high of $42.78. The firm has a 50-day simple moving average of $41.59 and a 200-day simple moving average of $41.98.

About PGIM Total Return Bond ETF

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.