Modern Wealth Management LLC Has $1.70 Million Holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Modern Wealth Management LLC boosted its stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 130.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,337 shares of the company’s stock after buying an additional 23,382 shares during the quarter. Modern Wealth Management LLC’s holdings in PGIM Total Return Bond ETF were worth $1,704,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its holdings in shares of PGIM Total Return Bond ETF by 168.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 61,432 shares of the company’s stock valued at $2,516,000 after acquiring an additional 38,564 shares during the period. Avantax Advisory Services Inc. lifted its holdings in PGIM Total Return Bond ETF by 102.4% during the 4th quarter. Avantax Advisory Services Inc. now owns 28,354 shares of the company’s stock valued at $1,161,000 after purchasing an additional 14,346 shares during the last quarter. HighTower Advisors LLC lifted its holdings in PGIM Total Return Bond ETF by 23.5% during the 4th quarter. HighTower Advisors LLC now owns 83,954 shares of the company’s stock valued at $3,439,000 after purchasing an additional 16,000 shares during the last quarter. Raymond James Financial Inc. acquired a new position in PGIM Total Return Bond ETF in the fourth quarter valued at about $3,749,000. Finally, Jones Financial Companies Lllp grew its stake in PGIM Total Return Bond ETF by 323.8% during the fourth quarter. Jones Financial Companies Lllp now owns 65,336 shares of the company’s stock worth $2,676,000 after buying an additional 49,920 shares during the last quarter.

PGIM Total Return Bond ETF Trading Up 0.0 %

NYSEARCA:PTRB opened at $41.55 on Wednesday. PGIM Total Return Bond ETF has a 1 year low of $40.27 and a 1 year high of $43.15. The firm has a 50 day moving average of $41.41 and a 200-day moving average of $41.67.

PGIM Total Return Bond ETF 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.