Kingswood Wealth Advisors LLC Invests $268,000 in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Kingswood Wealth Advisors LLC purchased a new stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,546 shares of the company’s stock, valued at approximately $268,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PTRB. Stifel Financial Corp boosted its position in shares of PGIM Total Return Bond ETF by 103.3% during the third quarter. Stifel Financial Corp now owns 25,180 shares of the company’s stock valued at $1,079,000 after buying an additional 12,795 shares during the last quarter. Integrity Wealth Solutions LLC boosted its holdings in PGIM Total Return Bond ETF by 32.5% during the 3rd quarter. Integrity Wealth Solutions LLC now owns 126,104 shares of the company’s stock worth $5,405,000 after acquiring an additional 30,958 shares during the last quarter. Armor Investment Advisors LLC grew its stake in shares of PGIM Total Return Bond ETF by 9.9% in the 3rd quarter. Armor Investment Advisors LLC now owns 160,445 shares of the company’s stock worth $6,877,000 after acquiring an additional 14,484 shares in the last quarter. Howard Financial Services LTD. raised its holdings in shares of PGIM Total Return Bond ETF by 10.7% in the third quarter. Howard Financial Services LTD. now owns 629,355 shares of the company’s stock valued at $26,974,000 after purchasing an additional 60,846 shares during the last quarter. Finally, Alpha Financial Partners LLC bought a new position in shares of PGIM Total Return Bond ETF during the third quarter valued at about $203,000.

PGIM Total Return Bond ETF Stock Performance

PGIM Total Return Bond ETF stock opened at $41.27 on Friday. PGIM Total Return Bond ETF has a fifty-two week low of $40.27 and a fifty-two week high of $43.15. The firm’s 50-day simple moving average is $41.27 and its 200 day simple moving average is $41.85.

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.