PGIM Total Return Bond ETF $PTRB Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC lifted its holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 0.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,728,202 shares of the company’s stock after purchasing an additional 15,822 shares during the quarter. PGIM Total Return Bond ETF comprises about 1.2% of Apollon Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Apollon Wealth Management LLC owned approximately 0.08% of PGIM Total Return Bond ETF worth $71,738,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PTRB. MML Investors Services LLC acquired a new position in PGIM Total Return Bond ETF in the 4th quarter worth approximately $233,000. GWN Securities Inc. purchased a new position in shares of PGIM Total Return Bond ETF in the 4th quarter valued at about $250,000. Cora Capital Advisors LLC increased its position in shares of PGIM Total Return Bond ETF by 5.5% in the first quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock valued at $277,000 after buying an additional 345 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new stake in PGIM Total Return Bond ETF in the 4th quarter worth $299,000. Finally, Summit Wealth Group LLC Co. acquired a new position in shares of PGIM Total Return Bond ETF during the 4th quarter worth about $315,000.

PGIM Total Return Bond ETF Stock Performance

NYSEARCA PTRB opened at $41.78 on Monday. The stock’s 50 day simple moving average is $41.54 and its 200-day simple moving average is $41.88. PGIM Total Return Bond ETF has a 1-year low of $40.72 and a 1-year high of $42.78.

About PGIM Total Return Bond ETF

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.