PGIM Total Return Bond ETF (NYSEARCA:PTRB) Short Interest Update

PGIM Total Return Bond ETF (NYSEARCA:PTRB) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 46,380 shares, a decline of 52.1% from the April 30th total of 96,919 shares. Based on an average daily trading volume, of 122,889 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

PGIM Total Return Bond ETF Trading Down 0.3%

PTRB traded down $0.14 during trading on Tuesday, hitting $41.48. 171,364 shares of the stock traded hands, compared to its average volume of 142,253. The firm has a 50-day moving average of $41.59 and a 200 day moving average of $41.98. PGIM Total Return Bond ETF has a 12-month low of $40.72 and a 12-month high of $42.78.

Institutional Trading of PGIM Total Return Bond ETF

A number of institutional investors have recently modified their holdings of PTRB. Apollon Wealth Management LLC increased its holdings in PGIM Total Return Bond ETF by 0.9% during the 1st quarter. Apollon Wealth Management LLC now owns 1,728,202 shares of the company’s stock valued at $71,738,000 after purchasing an additional 15,822 shares during the period. Envestnet Asset Management Inc. grew its position in shares of PGIM Total Return Bond ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,080,150 shares of the company’s stock worth $45,582,000 after buying an additional 78,048 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of PGIM Total Return Bond ETF by 158.6% during the third quarter. Raymond James Financial Inc. now owns 907,752 shares of the company’s stock valued at $38,307,000 after buying an additional 556,673 shares during the period. Howard Financial Services LTD. increased its stake in shares of PGIM Total Return Bond ETF by 8.2% during the fourth quarter. Howard Financial Services LTD. now owns 732,998 shares of the company’s stock valued at $30,815,000 after buying an additional 55,578 shares during the period. Finally, FAS Wealth Partners Inc. raised its holdings in shares of PGIM Total Return Bond ETF by 13.0% during the fourth quarter. FAS Wealth Partners Inc. now owns 630,483 shares of the company’s stock valued at $26,506,000 after acquiring an additional 72,556 shares in the last quarter.

PGIM Total Return Bond ETF Company 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.