PGIM Portfolio Ballast ETF $PBL Shares Bought by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC grew its holdings in PGIM Portfolio Ballast ETF (BATS:PBL) by 13.6% during the third quarter, HoldingsChannel.com reports. The fund owned 1,178,345 shares of the company’s stock after purchasing an additional 140,997 shares during the quarter. PGIM Portfolio Ballast ETF makes up about 0.9% of Cary Street Partners Financial LLC’s portfolio, making the stock its 16th biggest holding. Cary Street Partners Financial LLC owned approximately 0.55% of PGIM Portfolio Ballast ETF worth $36,540,000 at the end of the most recent reporting period.

Separately, Royal Bank of Canada increased its holdings in PGIM Portfolio Ballast ETF by 108.4% in the 1st quarter. Royal Bank of Canada now owns 10,692 shares of the company’s stock valued at $293,000 after purchasing an additional 5,562 shares in the last quarter.

PGIM Portfolio Ballast ETF Price Performance

BATS:PBL opened at $31.08 on Wednesday. The business’s 50-day moving average is $31.20 and its two-hundred day moving average is $31.03. PGIM Portfolio Ballast ETF has a 12 month low of $21.18 and a 12 month high of $31.90.

PGIM Portfolio Ballast ETF Profile

The PGIM Portfolio Ballast ETF (PBL) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a portfolio of derivatives, toggling exposure between US large-cap equities and US Treasuries. The fund aims to provide long-term capital growth while limiting downside losses PBL was launched on Dec 12, 2022 and is managed by PGIM.