PGIM Total Return Bond ETF $PTRB is Team Financial Group LLC’s 6th Largest Position

Team Financial Group LLC lifted its position in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 318,202 shares of the company’s stock after purchasing an additional 14,383 shares during the period. PGIM Total Return Bond ETF accounts for about 6.1% of Team Financial Group LLC’s holdings, making the stock its 6th biggest position. Team Financial Group LLC’s holdings in PGIM Total Return Bond ETF were worth $13,377,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PTRB. FAS Wealth Partners Inc. lifted its position in shares of PGIM Total Return Bond ETF by 10.8% during the 3rd quarter. FAS Wealth Partners Inc. now owns 557,927 shares of the company’s stock worth $23,545,000 after buying an additional 54,491 shares in the last quarter. Genesis Private Wealth LLC increased its position in shares of PGIM Total Return Bond ETF by 8.9% during the fourth quarter. Genesis Private Wealth LLC now owns 222,673 shares of the company’s stock valued at $9,361,000 after acquiring an additional 18,200 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in PGIM Total Return Bond ETF by 11.3% during the third quarter. Commonwealth Equity Services LLC now owns 383,523 shares of the company’s stock worth $16,185,000 after acquiring an additional 38,815 shares during the period. Boyum Wealth Architects LLC grew its stake in PGIM Total Return Bond ETF by 18.8% in the 3rd quarter. Boyum Wealth Architects LLC now owns 428,931 shares of the company’s stock valued at $18,101,000 after purchasing an additional 67,906 shares during the period. Finally, Advisory Resource Group raised its stake in shares of PGIM Total Return Bond ETF by 116.7% during the 3rd quarter. Advisory Resource Group now owns 455,178 shares of the company’s stock worth $19,209,000 after purchasing an additional 245,134 shares during the period.

PGIM Total Return Bond ETF Stock Performance

NYSEARCA PTRB opened at $41.39 on Friday. PGIM Total Return Bond ETF has a 52-week low of $40.21 and a 52-week high of $42.78. The company has a 50-day simple moving average of $42.13 and a 200 day simple moving average of $42.22.

PGIM Total Return Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1547 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Monday, March 2nd. This is an increase from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15.

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.