PGIM Floating Rate Income ETF $PFRL Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of PGIM Floating Rate Income ETF (NYSEARCA:PFRL) by 51.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,508 shares of the company’s stock after selling 55,116 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 2.60% of PGIM Floating Rate Income ETF worth $2,563,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Jane Street Group LLC boosted its stake in shares of PGIM Floating Rate Income ETF by 1,144.6% during the 1st quarter. Jane Street Group LLC now owns 50,381 shares of the company’s stock valued at $2,515,000 after buying an additional 46,333 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in PGIM Floating Rate Income ETF in the first quarter valued at $953,000. TBH Global Asset Management LLC bought a new position in PGIM Floating Rate Income ETF during the 3rd quarter valued at $484,000. Tactive Advisors LLC acquired a new position in PGIM Floating Rate Income ETF during the 2nd quarter worth $285,000. Finally, Rovin Capital UT ADV grew its holdings in PGIM Floating Rate Income ETF by 7.9% during the 2nd quarter. Rovin Capital UT ADV now owns 67,814 shares of the company’s stock worth $3,402,000 after acquiring an additional 4,958 shares in the last quarter.

PGIM Floating Rate Income ETF Stock Performance

Shares of PGIM Floating Rate Income ETF stock opened at $49.66 on Friday. PGIM Floating Rate Income ETF has a 1 year low of $45.19 and a 1 year high of $50.75. The firm’s 50-day simple moving average is $49.77 and its 200-day simple moving average is $49.93.

PGIM Floating Rate Income ETF Company Profile

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.