Financial Connections Group Inc. Increases Stock Position in PGIM Laddered S&P 500 Buffer 20 ETF $PBFR

Financial Connections Group Inc. raised its stake in PGIM Laddered S&P 500 Buffer 20 ETF (BATS:PBFR) by 5.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 351,152 shares of the company’s stock after acquiring an additional 17,344 shares during the quarter. PGIM Laddered S&P 500 Buffer 20 ETF makes up 3.5% of Financial Connections Group Inc.’s holdings, making the stock its 8th biggest position. Financial Connections Group Inc. owned approximately 17.92% of PGIM Laddered S&P 500 Buffer 20 ETF worth $10,183,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Long Island Wealth Management Inc. raised its holdings in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 1.6% in the 4th quarter. Long Island Wealth Management Inc. now owns 35,977 shares of the company’s stock worth $1,051,000 after purchasing an additional 560 shares during the period. Commonwealth Equity Services LLC increased its position in PGIM Laddered S&P 500 Buffer 20 ETF by 14.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 9,303 shares of the company’s stock worth $272,000 after buying an additional 1,203 shares during the last quarter. Advisory Services Network LLC purchased a new stake in PGIM Laddered S&P 500 Buffer 20 ETF in the third quarter worth $44,000. DHJJ Financial Advisors Ltd. raised its stake in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 14.4% in the fourth quarter. DHJJ Financial Advisors Ltd. now owns 24,697 shares of the company’s stock valued at $722,000 after buying an additional 3,115 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of PGIM Laddered S&P 500 Buffer 20 ETF by 10.4% during the 4th quarter. Cetera Investment Advisers now owns 56,480 shares of the company’s stock valued at $1,650,000 after buying an additional 5,338 shares during the last quarter.

PGIM Laddered S&P 500 Buffer 20 ETF Trading Up 0.2%

PBFR stock opened at $30.78 on Friday. The stock has a fifty day moving average of $30.47 and a 200-day moving average of $29.74. PGIM Laddered S&P 500 Buffer 20 ETF has a fifty-two week low of $27.61 and a fifty-two week high of $33.45.

PGIM Laddered S&P 500 Buffer 20 ETF Profile

The PGIM Laddered Fund of Buffer 20 ETF (PBFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of PGIM US Large-Cap Buffer 20 ETFs. PBFR was launched on Jun 11, 2024 and is issued by PGIM.