Team Financial Group LLC Has $13.38 Million Stake in PGIM Total Return Bond ETF $PTRB

Team Financial Group LLC boosted its holdings in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 318,202 shares of the company’s stock after buying an additional 14,383 shares during the period. PGIM Total Return Bond ETF makes up about 6.1% of Team Financial Group LLC’s portfolio, making the stock its 6th largest position. Team Financial Group LLC owned approximately 1.98% of PGIM Total Return Bond ETF worth $13,377,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Howard Financial Services LTD. increased its position in shares of PGIM Total Return Bond ETF by 8.2% during the fourth quarter. Howard Financial Services LTD. now owns 732,998 shares of the company’s stock worth $30,815,000 after acquiring an additional 55,578 shares in the last quarter. First Heartland Consultants Inc. lifted its position in PGIM Total Return Bond ETF by 14.4% in the 4th quarter. First Heartland Consultants Inc. now owns 299,429 shares of the company’s stock valued at $12,588,000 after acquiring an additional 37,581 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in 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 valued at $6,733,000 after purchasing an additional 456 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in PGIM Total Return Bond ETF by 8.9% during the 4th quarter. Genesis Private Wealth LLC now owns 222,673 shares of the company’s stock valued at $9,361,000 after purchasing an additional 18,200 shares during the last quarter. Finally, First Citizens Financial Corp increased its holdings in PGIM Total Return Bond ETF by 14.4% during the 4th quarter. First Citizens Financial Corp now owns 41,397 shares of the company’s stock worth $1,740,000 after purchasing an additional 5,213 shares in the last quarter.

PGIM Total Return Bond ETF Price Performance

Shares of PGIM Total Return Bond ETF stock opened at $41.39 on Friday. PGIM Total Return Bond ETF has a 52 week low of $40.21 and a 52 week high of $42.78. The business has a 50 day moving average price of $42.13 and a 200-day moving average price of $42.22.

PGIM Total Return Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1547 per share. This represents a c) annualized dividend and a yield of 4.5%. This is an increase from PGIM Total Return Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, March 2nd.

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.