Envestnet Asset Management Inc. Has $7.83 Million Stock Holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Envestnet Asset Management Inc. increased its holdings in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 200.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 189,901 shares of the company’s stock after buying an additional 126,642 shares during the quarter. Envestnet Asset Management Inc. owned 3.36% of PGIM Total Return Bond ETF worth $7,832,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its holdings in shares of PGIM Total Return Bond ETF by 5.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 16,973 shares of the company’s stock valued at $700,000 after acquiring an additional 880 shares in the last quarter. AJ Advisors LLC increased its stake in PGIM Total Return Bond ETF by 1,020.2% in the second quarter. AJ Advisors LLC now owns 141,079 shares of the company’s stock valued at $5,818,000 after acquiring an additional 128,485 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of PGIM Total Return Bond ETF during the second quarter worth $25,000. FAS Wealth Partners Inc. grew its stake in shares of PGIM Total Return Bond ETF by 92.0% in the second quarter. FAS Wealth Partners Inc. now owns 29,402 shares of the company’s stock worth $1,213,000 after purchasing an additional 14,089 shares during the last quarter. Finally, ABLE Financial Group LLC grew its stake in shares of PGIM Total Return Bond ETF by 7.3% in the second quarter. ABLE Financial Group LLC now owns 92,830 shares of the company’s stock worth $3,828,000 after purchasing an additional 6,332 shares during the last quarter.

PGIM Total Return Bond ETF Stock Performance

PTRB stock opened at $42.97 on Friday. PGIM Total Return Bond ETF has a 12-month low of $38.53 and a 12-month high of $43.15. The company’s fifty day simple moving average is $42.45 and its 200 day simple moving average is $41.58.

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.