Cary Street Partners Investment Advisory LLC purchased a new position in PGIM Portfolio Ballast ETF (BATS:PBL – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 60,306 shares of the company’s stock, valued at approximately $1,863,000. Cary Street Partners Investment Advisory LLC owned approximately 2.82% of PGIM Portfolio Ballast ETF at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the business. Cary Street Partners Financial LLC lifted its holdings in shares of PGIM Portfolio Ballast ETF by 4.6% in the 4th quarter. Cary Street Partners Financial LLC now owns 1,232,149 shares of the company’s stock worth $38,073,000 after acquiring an additional 53,804 shares during the last quarter. Wolverine Trading LLC bought a new stake in shares of PGIM Portfolio Ballast ETF in the 3rd quarter worth approximately $538,000. Jane Street Group LLC bought a new stake in shares of PGIM Portfolio Ballast ETF in the 2nd quarter worth approximately $530,000. Finally, Royal Bank of Canada lifted its holdings in shares of 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 worth $293,000 after acquiring an additional 5,562 shares during the last quarter.
PGIM Portfolio Ballast ETF Stock Performance
Shares of PBL opened at $32.87 on Tuesday. PGIM Portfolio Ballast ETF has a fifty-two week low of $27.97 and a fifty-two week high of $33.18. The firm has a 50 day moving average price of $31.40 and a 200-day moving average price of $31.27.
PGIM Portfolio Ballast ETF Company 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.
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