PGIM Total Return Bond ETF $PTRB Shares Acquired by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. boosted its stake in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB – Free Report) by 17.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,103 shares of the company’s stock after purchasing an additional 15,057 shares during the quarter. PGIM Total Return Bond ETF makes up approximately 1.5% of Prosperity Financial Group Inc.’s holdings, making the stock its 18th largest position. Prosperity Financial Group Inc.’s holdings in PGIM Total Return Bond ETF were worth $4,292,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PTRB. Raymond James Financial Inc. boosted its position in PGIM Total Return Bond ETF by 158.6% during the 3rd quarter. Raymond James Financial Inc. now owns 907,752 shares of the company’s stock valued at $38,307,000 after purchasing an additional 556,673 shares during the period. Advisory Resource Group boosted its position in PGIM Total Return Bond ETF by 116.7% during the 3rd quarter. Advisory Resource Group now owns 455,178 shares of the company’s stock valued at $19,209,000 after purchasing an additional 245,134 shares during the period. RFG Bristol Wealth Advisors LLC acquired a new position in PGIM Total Return Bond ETF during the 3rd quarter valued at approximately $9,675,000. PFG Private Wealth Management LLC acquired a new position in PGIM Total Return Bond ETF during the 3rd quarter valued at approximately $7,708,000. Finally, Envestnet Asset Management Inc. boosted its position in PGIM Total Return Bond ETF by 7.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,080,150 shares of the company’s stock valued at $45,582,000 after purchasing an additional 78,048 shares during the period.

PGIM Total Return Bond ETF Stock Performance

NYSEARCA:PTRB opened at $41.80 on Friday. PGIM Total Return Bond ETF has a 12-month low of $40.71 and a 12-month high of $42.78. The business has a 50 day simple moving average of $42.01 and a 200 day simple moving average of $42.15.

PGIM Total Return Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1547 per share. This is a boost from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

PGIM Total Return Bond ETF Company Profile

(Free Report)

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.

Featured Stories

• Five stocks we like better than PGIM Total Return Bond ETF

Want to see what other hedge funds are holding PTRB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Total Return Bond ETF (NYSEARCA:PTRB – Free Report).