Shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB – Get Free Report) saw unusually-strong trading volume on Thursday. Approximately 638,749 shares traded hands during trading, an increase of 309% from the previous session’s volume of 156,058 shares. The stock last traded at $39.5550 and had previously closed at $39.46.
PGIM Total Return Bond ETF Stock Up 0.2%
The stock’s 50 day moving average is $40.49 and its 200 day moving average is $41.13.
Hedge Funds Weigh In On PGIM Total Return Bond ETF
Several institutional investors and hedge funds have recently made changes to their positions in PTRB. Cora Capital Advisors LLC raised its holdings in PGIM Total Return Bond ETF by 5.5% during the 1st 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 period. Royal Bank of Canada bought a new position in shares of PGIM Total Return Bond ETF in the first quarter worth $27,000. Integrated Wealth Concepts LLC grew its position in shares of PGIM Total Return Bond ETF by 0.7% in the second quarter. Integrated Wealth Concepts LLC now owns 191,679 shares of the company’s stock valued at $7,947,000 after purchasing an additional 1,242 shares in the last quarter. Richards Merrill & Peterson Inc. grew its position in shares of PGIM Total Return Bond ETF by 2.8% in the first quarter. Richards Merrill & Peterson Inc. now owns 65,214 shares of the company’s stock valued at $2,707,000 after purchasing an additional 1,767 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of PGIM Total Return Bond ETF by 3.4% during the 2nd quarter. NewEdge Advisors LLC now owns 58,971 shares of the company’s stock valued at $2,445,000 after purchasing an additional 1,964 shares during the period.
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.
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