Avantax Advisory Services Inc. Grows Stock Holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Avantax Advisory Services Inc. raised its stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 102.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,354 shares of the company’s stock after buying an additional 14,346 shares during the period. Avantax Advisory Services Inc. owned about 0.50% of PGIM Total Return Bond ETF worth $1,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in PTRB. Genesis Private Wealth LLC purchased a new stake in shares of PGIM Total Return Bond ETF in the 4th quarter worth approximately $7,779,000. Silver Oak Securities Incorporated purchased a new stake in shares of PGIM Total Return Bond ETF in the 4th quarter worth approximately $4,278,000. Raymond James Financial Inc. purchased a new stake in shares of PGIM Total Return Bond ETF in the 4th quarter worth approximately $3,749,000. Bank of New York Mellon Corp lifted its position in shares of PGIM Total Return Bond ETF by 168.8% in the 4th quarter. Bank of New York Mellon Corp now owns 140,309 shares of the company’s stock worth $5,747,000 after purchasing an additional 88,109 shares during the period. Finally, Howard Financial Services LTD. lifted its position in shares of PGIM Total Return Bond ETF by 13.0% in the 4th quarter. Howard Financial Services LTD. now owns 711,401 shares of the company’s stock worth $29,139,000 after purchasing an additional 82,046 shares during the period.

PGIM Total Return Bond ETF Stock Up 0.2 %

Shares of PTRB opened at $41.68 on Thursday. The company has a 50 day moving average price of $41.33 and a 200-day moving average price of $41.70. PGIM Total Return Bond ETF has a fifty-two week low of $40.27 and a fifty-two week high of $43.15.

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.