Bank of New York Mellon Corp Acquires Shares of 50,029 PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Bank of New York Mellon Corp acquired a new stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 50,029 shares of the company’s stock, valued at approximately $2,063,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in PTRB. Advisory Resource Group boosted its position in PGIM Total Return Bond ETF by 10.9% during the second quarter. Advisory Resource Group now owns 119,067 shares of the company’s stock valued at $4,910,000 after purchasing an additional 11,714 shares in the last quarter. Apollon Financial LLC raised its stake in PGIM Total Return Bond ETF by 194.3% in the second quarter. Apollon Financial LLC now owns 22,150 shares of the company’s stock valued at $913,000 after buying an additional 14,623 shares during the last quarter. Apollon Wealth Management LLC raised its stake in PGIM Total Return Bond ETF by 9.1% in the second quarter. Apollon Wealth Management LLC now owns 900,221 shares of the company’s stock valued at $37,126,000 after buying an additional 75,465 shares during the last quarter. Howard Financial Services LTD. raised its stake in PGIM Total Return Bond ETF by 24.5% in the second quarter. Howard Financial Services LTD. now owns 568,509 shares of the company’s stock valued at $23,446,000 after buying an additional 111,745 shares during the last quarter. Finally, First Citizens Financial Corp raised its stake in PGIM Total Return Bond ETF by 2.3% in the first quarter. First Citizens Financial Corp now owns 33,578 shares of the company’s stock valued at $1,397,000 after buying an additional 754 shares during the last quarter.

PGIM Total Return Bond ETF Stock Performance

Shares of NYSEARCA:PTRB opened at $43.08 on Wednesday. PGIM Total Return Bond ETF has a 52-week low of $38.53 and a 52-week high of $43.15. The business has a 50-day moving average price of $42.21 and a 200-day moving average price of $41.49.

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.