Wealth Enhancement Advisory Services LLC Has $7.48 Million Holdings in PGIM Floating Rate Income ETF (NYSEARCA:PFRL)

Wealth Enhancement Advisory Services LLC lifted its stake in shares of PGIM Floating Rate Income ETF (NYSEARCA:PFRL) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 148,673 shares of the company’s stock after acquiring an additional 8,066 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 6.76% of PGIM Floating Rate Income ETF worth $7,478,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Mariner LLC acquired a new stake in PGIM Floating Rate Income ETF in the 4th quarter worth approximately $717,000. Tepp RIA LLC acquired a new stake in shares of PGIM Floating Rate Income ETF in the fourth quarter worth $261,000. Finally, Prudential Financial Inc. boosted its holdings in shares of PGIM Floating Rate Income ETF by 20.7% during the 4th quarter. Prudential Financial Inc. now owns 583,500 shares of the company’s stock worth $29,350,000 after buying an additional 100,000 shares during the period.

PGIM Floating Rate Income ETF Trading Down 0.1%

NYSEARCA:PFRL opened at $49.93 on Monday. PGIM Floating Rate Income ETF has a 1 year low of $45.19 and a 1 year high of $51.06. The firm’s fifty day simple moving average is $49.08 and its 200 day simple moving average is $50.02.

About PGIM Floating Rate Income ETF

The PGIM Floating Rate Income ETF (PFRL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by investing mainly in senior floating rate loans of any credit quality from around the world. PFRL was launched on May 17, 2022 and is managed by PGIM.