PGIM Total Return Bond ETF (NYSEARCA:PTRB) Sees Large Volume Increase – Time to Buy?

PGIM Total Return Bond ETF (NYSEARCA:PTRB) shares saw an uptick in trading volume on Friday . 244,870 shares traded hands during mid-day trading, an increase of 68% from the previous session’s volume of 145,670 shares.The stock last traded at $41.24 and had previously closed at $41.26.

PGIM Total Return Bond ETF Trading Down 0.0%

The company’s fifty day simple moving average is $41.46 and its two-hundred day simple moving average is $41.83.

Institutional Trading of PGIM Total Return Bond ETF

Several large investors have recently modified their holdings of the business. Cora Capital Advisors LLC increased its stake in shares of PGIM Total Return Bond ETF by 5.5% during the 1st quarter. Cora Capital Advisors LLC now owns 6,672 shares of the company’s stock worth $277,000 after purchasing an additional 345 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of PGIM Total Return Bond ETF by 0.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 160,054 shares of the company’s stock worth $6,733,000 after purchasing an additional 456 shares during the last quarter. Golden State Equity Partners lifted its stake in PGIM Total Return Bond ETF by 5.0% in the 4th quarter. Golden State Equity Partners now owns 11,681 shares of the company’s stock valued at $492,000 after buying an additional 560 shares in the last quarter. Royal Bank of Canada purchased a new stake in PGIM Total Return Bond ETF in the 1st quarter valued at approximately $27,000. Finally, Richards Merrill & Peterson Inc. grew its holdings in PGIM Total Return Bond ETF by 2.8% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 65,214 shares of the company’s stock valued at $2,707,000 after buying an additional 1,767 shares during the last quarter.

PGIM Total Return Bond ETF Company 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.