PGIM Total Return Bond ETF (NYSEARCA:PTRB) Sees Strong Trading Volume – Here’s What Happened

PGIM Total Return Bond ETF (NYSEARCA:PTRB) shares saw an uptick in trading volume on Monday . 318,939 shares were traded during trading, an increase of 120% from the previous session’s volume of 144,712 shares.The stock last traded at $41.55 and had previously closed at $41.48.

PGIM Total Return Bond ETF Stock Performance

The company’s 50 day moving average is $41.57 and its 200-day moving average is $41.93.

Institutional Trading of PGIM Total Return Bond ETF

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada bought a new stake in PGIM Total Return Bond ETF in the 1st quarter valued at about $27,000. Everest Financial Group LLC acquired a new stake in PGIM Total Return Bond ETF in the first quarter valued at approximately $226,000. MML Investors Services LLC acquired a new stake in PGIM Total Return Bond ETF in the fourth quarter valued at approximately $233,000. GWN Securities Inc. bought a new stake in shares of PGIM Total Return Bond ETF during the fourth quarter valued at approximately $250,000. Finally, Cora Capital Advisors LLC increased its holdings in shares of PGIM Total Return Bond ETF by 5.5% during the first quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock valued at $277,000 after acquiring an additional 345 shares in the last quarter.

PGIM Total Return Bond ETF Company 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.