Boyum Wealth Architects LLC Grows Position in PGIM Total Return Bond ETF $PTRB

Boyum Wealth Architects LLC lifted its position in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 41.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 605,802 shares of the company’s stock after purchasing an additional 176,871 shares during the period. PGIM Total Return Bond ETF accounts for 12.0% of Boyum Wealth Architects LLC’s portfolio, making the stock its 2nd largest holding. Boyum Wealth Architects LLC owned 3.20% of PGIM Total Return Bond ETF worth $25,553,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PTRB. FAS Wealth Partners Inc. raised its position in PGIM Total Return Bond ETF by 10.8% in the third quarter. FAS Wealth Partners Inc. now owns 557,927 shares of the company’s stock valued at $23,545,000 after purchasing an additional 54,491 shares during the last quarter. Genesis Private Wealth LLC raised its position in PGIM Total Return Bond ETF by 8.9% in the fourth quarter. Genesis Private Wealth LLC now owns 222,673 shares of the company’s stock valued at $9,361,000 after purchasing an additional 18,200 shares during the last quarter. Commonwealth Equity Services LLC raised its position in PGIM Total Return Bond ETF by 11.3% in the third quarter. Commonwealth Equity Services LLC now owns 383,523 shares of the company’s stock valued at $16,185,000 after purchasing an additional 38,815 shares during the last quarter. Advisory Resource Group raised its position in shares of PGIM Total Return Bond ETF by 116.7% during the third quarter. Advisory Resource Group now owns 455,178 shares of the company’s stock worth $19,209,000 after acquiring an additional 245,134 shares during the last quarter. Finally, Howard Financial Services LTD. grew its stake in PGIM Total Return Bond ETF by 1.9% during the third quarter. Howard Financial Services LTD. now owns 677,420 shares of the company’s stock worth $28,587,000 after purchasing an additional 12,571 shares during the period.

PGIM Total Return Bond ETF Stock Up 0.4%

NYSEARCA PTRB opened at $41.96 on Friday. PGIM Total Return Bond ETF has a one year low of $40.71 and a one year high of $42.78. The business has a 50 day simple moving average of $42.00 and a 200 day simple moving average of $42.15.

PGIM Total Return Bond ETF Increases Dividend

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

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.