PGIM Total Return Bond ETF (NYSEARCA:PTRB) Sees Large Volume Increase – What’s Next?

PGIM Total Return Bond ETF (NYSEARCA:PTRB) shares saw an uptick in trading volume on Monday . 218,633 shares were traded during mid-day trading, an increase of 50% from the previous session’s volume of 145,806 shares.The stock last traded at $41.04 and had previously closed at $40.95.

PGIM Total Return Bond ETF Stock Up 0.2%

The company has a 50 day moving average price of $41.37 and a 200-day moving average price of $41.74.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC boosted its stake in shares of PGIM Total Return Bond ETF by 45.5% in the 1st quarter. Jane Street Group LLC now owns 39,390 shares of the company’s stock valued at $1,644,000 after purchasing an additional 12,316 shares in the last quarter. Raymond James Financial Inc. lifted its stake in PGIM Total Return Bond ETF by 136.5% in the 2nd quarter. Raymond James Financial Inc. now owns 351,079 shares of the company’s stock valued at $14,686,000 after purchasing an additional 202,611 shares during the last quarter. First Heartland Consultants Inc. boosted its position in PGIM Total Return Bond ETF by 12.4% in the second quarter. First Heartland Consultants Inc. now owns 202,954 shares of the company’s stock valued at $8,490,000 after buying an additional 22,448 shares in the last quarter. Mariner LLC bought a new stake in shares of PGIM Total Return Bond ETF during the third quarter worth $2,494,000. Finally, Prosperity Financial Group Inc. increased its holdings in shares of PGIM Total Return Bond ETF by 21.6% during the third quarter. Prosperity Financial Group Inc. now owns 87,046 shares of the company’s stock worth $3,673,000 after buying an additional 15,465 shares in the last quarter.

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.