Kestra Private Wealth Services LLC decreased its position in PGIM Floating Rate Income ETF (NYSEARCA:PFRL – Free Report) by 44.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 43,363 shares of the company’s stock after selling 35,391 shares during the period. Kestra Private Wealth Services LLC’s holdings in PGIM Floating Rate Income ETF were worth $2,112,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Jane Street Group LLC raised its holdings in shares of PGIM Floating Rate Income ETF by 1,144.6% during the first quarter. Jane Street Group LLC now owns 50,381 shares of the company’s stock worth $2,515,000 after acquiring an additional 46,333 shares in the last quarter. Cetera Investment Advisers acquired a new position in PGIM Floating Rate Income ETF during the 4th quarter worth $1,409,000. Wealthcare Advisory Partners LLC acquired a new stake in PGIM Floating Rate Income ETF in the 4th quarter valued at approximately $1,302,000. Mariner LLC increased its position in PGIM Floating Rate Income ETF by 116.3% during the fourth quarter. Mariner LLC now owns 36,466 shares of the company’s stock worth $1,812,000 after acquiring an additional 19,608 shares during the period. Finally, Goldman Sachs Group Inc. bought a new stake in shares of PGIM Floating Rate Income ETF in the first quarter valued at about $953,000.
PGIM Floating Rate Income ETF Stock Performance
PFRL opened at $49.59 on Monday. The stock’s 50 day simple moving average is $49.47 and its 200-day simple moving average is $49.41. PGIM Floating Rate Income ETF has a 1 year low of $48.60 and a 1 year high of $50.48.
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.
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