Prosperity Financial Group Inc. Increases Stake in PGIM Total Return Bond ETF $PTRB

Prosperity Financial Group Inc. boosted its holdings in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 4.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,581 shares of the company’s stock after acquiring an additional 2,899 shares during the period. PGIM Total Return Bond ETF comprises about 1.3% of Prosperity Financial Group Inc.’s portfolio, making the stock its 26th largest position. Prosperity Financial Group Inc.’s holdings in PGIM Total Return Bond ETF were worth $2,994,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in PGIM Total Return Bond ETF by 134.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 836,298 shares of the company’s stock valued at $34,907,000 after acquiring an additional 479,078 shares in the last quarter. Apollon Wealth Management LLC boosted its position in PGIM Total Return Bond ETF by 41.3% during the first quarter. Apollon Wealth Management LLC now owns 1,391,392 shares of the company’s stock valued at $58,076,000 after purchasing an additional 406,958 shares in the last quarter. Truist Financial Corp purchased a new position in PGIM Total Return Bond ETF in the second quarter valued at about $7,765,000. First Heartland Consultants Inc. raised its holdings in PGIM Total Return Bond ETF by 2,563.1% in the first quarter. First Heartland Consultants Inc. now owns 180,506 shares of the company’s stock worth $7,534,000 after purchasing an additional 173,728 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in PGIM Total Return Bond ETF in the second quarter worth about $6,681,000.

PGIM Total Return Bond ETF Stock Performance

NYSEARCA:PTRB opened at $42.65 on Thursday. The company’s 50-day simple moving average is $42.16 and its 200-day simple moving average is $41.59. PGIM Total Return Bond ETF has a fifty-two week low of $40.21 and a fifty-two week high of $42.68.

About PGIM Total Return Bond ETF

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.