Howard Financial Services LTD. Decreases Position in PGIM Total Return Bond ETF $PTRB

Howard Financial Services LTD. trimmed its stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 0.7% during the 2nd quarter, Holdings Channel reports. The firm owned 664,849 shares of the company’s stock after selling 4,383 shares during the quarter. PGIM Total Return Bond ETF comprises approximately 3.7% of Howard Financial Services LTD.’s portfolio, making the stock its 9th biggest holding. Howard Financial Services LTD. owned about 0.06% of PGIM Total Return Bond ETF worth $27,811,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Apollon Wealth Management LLC increased its position in shares of PGIM Total Return Bond ETF by 41.3% in the first quarter. Apollon Wealth Management LLC now owns 1,391,392 shares of the company’s stock worth $58,076,000 after purchasing an additional 406,958 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of PGIM Total Return Bond ETF by 134.1% in the first quarter. Envestnet Asset Management Inc. now owns 836,298 shares of the company’s stock worth $34,907,000 after purchasing an additional 479,078 shares during the last quarter. FAS Wealth Partners Inc. increased its position in shares of PGIM Total Return Bond ETF by 7.6% in the first quarter. FAS Wealth Partners Inc. now owns 474,406 shares of the company’s stock worth $19,802,000 after purchasing an additional 33,528 shares during the last quarter. Team Financial Group LLC increased its position in shares of PGIM Total Return Bond ETF by 3.8% in the first quarter. Team Financial Group LLC now owns 271,791 shares of the company’s stock worth $11,345,000 after purchasing an additional 9,911 shares during the last quarter. Finally, Novem Group increased its position in shares of PGIM Total Return Bond ETF by 48.4% in the first quarter. Novem Group now owns 229,331 shares of the company’s stock worth $9,572,000 after purchasing an additional 74,770 shares during the last quarter.

PGIM Total Return Bond ETF Stock Performance

PTRB stock opened at $42.37 on Friday. The company’s 50 day moving average is $41.71 and its 200 day moving average is $41.47. PGIM Total Return Bond ETF has a 1-year low of $40.21 and a 1-year high of $43.15.

PGIM Total Return Bond ETF Company Profile

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.