AJ Advisors LLC Grows Stock Holdings in PGIM Total Return Bond ETF $PTRB

AJ Advisors LLC grew its position in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 10.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 176,838 shares of the company’s stock after buying an additional 17,073 shares during the quarter. PGIM Total Return Bond ETF accounts for 2.7% of AJ Advisors LLC’s holdings, making the stock its 12th largest holding. AJ Advisors LLC owned approximately 0.93% of PGIM Total Return Bond ETF worth $7,434,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PTRB. Jane Street Group LLC raised its position in PGIM Total Return Bond ETF by 45.5% in the 1st quarter. Jane Street Group LLC now owns 39,390 shares of the company’s stock valued at $1,644,000 after purchasing an additional 12,316 shares in the last quarter. FAS Wealth Partners Inc. raised its holdings in PGIM Total Return Bond ETF by 6.1% in the second quarter. FAS Wealth Partners Inc. now owns 503,436 shares of the company’s stock valued at $21,059,000 after acquiring an additional 29,030 shares in the last quarter. Raymond James Financial Inc. lifted its stake in PGIM Total Return Bond ETF by 136.5% in the second quarter. Raymond James Financial Inc. now owns 351,079 shares of the company’s stock worth $14,686,000 after acquiring an additional 202,611 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in PGIM Total Return Bond ETF by 12.4% in the second quarter. First Heartland Consultants Inc. now owns 202,954 shares of the company’s stock worth $8,490,000 after acquiring an additional 22,448 shares during the last quarter. Finally, Boyum Wealth Architects LLC grew its holdings in PGIM Total Return Bond ETF by 18.8% during the 3rd quarter. Boyum Wealth Architects LLC now owns 428,931 shares of the company’s stock worth $18,101,000 after acquiring an additional 67,906 shares in the last quarter.

PGIM Total Return Bond ETF Price Performance

NYSEARCA:PTRB opened at $41.63 on Monday. The business’s fifty day moving average price is $42.06 and its 200 day moving average price is $42.18. PGIM Total Return Bond ETF has a 12 month low of $40.21 and a 12 month high of $42.78.

PGIM Total Return Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1547 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.