Kelman Lazarov Inc. Raises Position in PGIM Total Return Bond ETF $PTRB

Kelman Lazarov Inc. lifted its stake in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 33.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 53,244 shares of the company’s stock after acquiring an additional 13,295 shares during the period. Kelman Lazarov Inc.’s holdings in PGIM Total Return Bond ETF were worth $2,247,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PTRB. Pinnacle Financial Group LLC IL boosted its holdings in PGIM Total Return Bond ETF by 69.5% in the 3rd quarter. Pinnacle Financial Group LLC IL now owns 85,264 shares of the company’s stock worth $3,598,000 after acquiring an additional 34,955 shares during the period. First Heartland Consultants Inc. raised its stake in shares of PGIM Total Return Bond ETF by 29.0% during the third quarter. First Heartland Consultants Inc. now owns 261,848 shares of the company’s stock valued at $11,050,000 after purchasing an additional 58,894 shares during the period. MSH Capital Advisors LLC lifted its position in shares of PGIM Total Return Bond ETF by 2.7% during the third quarter. MSH Capital Advisors LLC now owns 38,556 shares of the company’s stock worth $1,627,000 after purchasing an additional 1,005 shares in the last quarter. PFG Private Wealth Management LLC purchased a new position in shares of PGIM Total Return Bond ETF in the third quarter valued at $7,708,000. Finally, Prime Capital Investment Advisors LLC grew its holdings in PGIM Total Return Bond ETF by 16.2% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 101,600 shares of the company’s stock valued at $4,288,000 after purchasing an additional 14,200 shares in the last quarter.

PGIM Total Return Bond ETF Trading Up 0.2%

Shares of PTRB stock opened at $42.72 on Monday. The company’s fifty day moving average price is $42.23 and its two-hundred day moving average price is $42.22. PGIM Total Return Bond ETF has a 12 month low of $40.21 and a 12 month high of $42.78.

PGIM Total Return Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.1547 per share. The ex-dividend date of this dividend is Monday, March 2nd. This is a positive change from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.