Jones Financial Companies Lllp Buys 53,101 Shares of PGIM Total Return Bond ETF $PTRB

Jones Financial Companies Lllp increased its position in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 29.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 232,379 shares of the company’s stock after buying an additional 53,101 shares during the period. Jones Financial Companies Lllp owned 1.56% of PGIM Total Return Bond ETF worth $9,795,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in PTRB. Apollon Wealth Management LLC boosted its holdings in PGIM Total Return Bond ETF by 20.3% in the second quarter. Apollon Wealth Management LLC now owns 1,674,521 shares of the company’s stock worth $70,045,000 after acquiring an additional 283,129 shares in 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 purchasing an additional 245,134 shares during the period. RFG Bristol Wealth Advisors LLC bought a new position in shares of PGIM Total Return Bond ETF in the 3rd quarter worth $9,675,000. 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 valued at $14,686,000 after purchasing an additional 202,611 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in PGIM Total Return Bond ETF by 19.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,002,102 shares of the company’s stock valued at $41,918,000 after purchasing an additional 165,804 shares during the period.

PGIM Total Return Bond ETF Stock Performance

PTRB opened at $41.95 on Thursday. PGIM Total Return Bond ETF has a 1-year low of $40.21 and a 1-year high of $42.70. The company’s fifty day moving average price is $42.14 and its two-hundred day moving average price is $42.12.

PGIM Total Return Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1475 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

PGIM Total Return Bond ETF 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.