Shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB – Get Free Report) crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $40.10 and traded as low as $40.03. PGIM Total Return Bond ETF shares last traded at $40.07, with a volume of 223,610 shares.
PGIM Total Return Bond ETF Stock Performance
The stock’s 50 day simple moving average is $40.10 and its two-hundred day simple moving average is $41.24.
Hedge Funds Weigh In On PGIM Total Return Bond ETF
A number of hedge funds have recently made changes to their positions in the business. Genesis Private Wealth LLC lifted its holdings in shares of PGIM Total Return Bond ETF by 5.5% during the 3rd quarter. Genesis Private Wealth LLC now owns 244,557 shares of the company’s stock worth $9,645,000 after acquiring an additional 12,769 shares during the period. Commonwealth Equity Services LLC bought a new stake in PGIM Total Return Bond ETF in the third quarter valued at about $27,443,000. Pinnacle Financial Group LLC IL increased its stake in PGIM Total Return Bond ETF by 4.8% in the third quarter. Pinnacle Financial Group LLC IL now owns 145,583 shares of the company’s stock valued at $5,742,000 after acquiring an additional 6,724 shares during the period. AJ Advisors LLC increased its stake in PGIM Total Return Bond ETF by 1.0% in the third quarter. AJ Advisors LLC now owns 191,150 shares of the company’s stock valued at $7,539,000 after acquiring an additional 1,906 shares during the period. Finally, D.A. Davidson & CO. acquired a new position in PGIM Total Return Bond ETF in the third quarter worth about $205,000.
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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