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

Apollon Wealth Management LLC increased its position in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,712,380 shares of the company’s stock after purchasing an additional 50,964 shares during the quarter. PGIM Total Return Bond ETF accounts for about 1.2% of Apollon Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Apollon Wealth Management LLC owned about 9.04% of PGIM Total Return Bond ETF worth $71,988,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in PTRB. Jane Street Group LLC grew its position in shares of PGIM Total Return Bond ETF by 45.5% during the 1st quarter. Jane Street Group LLC now owns 39,390 shares of the company’s stock valued at $1,644,000 after buying an additional 12,316 shares during the last quarter. Raymond James Financial Inc. grew its position in PGIM Total Return Bond ETF by 136.5% in the 2nd quarter. Raymond James Financial Inc. now owns 351,079 shares of the company’s stock worth $14,686,000 after purchasing an additional 202,611 shares during the last quarter. First Heartland Consultants Inc. increased its stake in shares of 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 valued at $8,490,000 after purchasing an additional 22,448 shares during the period. Boyum Wealth Architects LLC raised its holdings in shares of PGIM Total Return Bond ETF by 18.8% during the third quarter. Boyum Wealth Architects LLC now owns 428,931 shares of the company’s stock valued at $18,101,000 after buying an additional 67,906 shares during the last quarter. Finally, First Citizens Financial Corp raised its holdings in shares of PGIM Total Return Bond ETF by 25.1% during the third quarter. First Citizens Financial Corp now owns 36,184 shares of the company’s stock valued at $1,527,000 after buying an additional 7,270 shares during the last quarter.

PGIM Total Return Bond ETF Trading Down 0.1%

Shares of NYSEARCA PTRB opened at $41.75 on Friday. PGIM Total Return Bond ETF has a 12-month low of $40.35 and a 12-month high of $42.78. The stock has a 50 day simple moving average of $42.02 and a 200-day simple moving average of $42.16.

PGIM Total Return Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1547 per share. This is a boost from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.