Apollon Wealth Management LLC Increases Holdings in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

Apollon Wealth Management LLC raised its stake in PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 984,434 shares of the company’s stock after acquiring an additional 59,280 shares during the period. PGIM Total Return Bond ETF makes up 0.9% of Apollon Wealth Management LLC’s portfolio, making the stock its 17th biggest position. Apollon Wealth Management LLC owned approximately 17.42% of PGIM Total Return Bond ETF worth $40,322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Alpha Financial Partners LLC bought a new position in shares of PGIM Total Return Bond ETF during the third quarter valued at $203,000. Cora Capital Advisors LLC bought a new position in PGIM Total Return Bond ETF during the 4th quarter valued at about $219,000. Axecap Investments LLC purchased a new stake in shares of PGIM Total Return Bond ETF during the 3rd quarter valued at about $225,000. Kingswood Wealth Advisors LLC purchased a new position in shares of PGIM Total Return Bond ETF during the fourth quarter valued at approximately $268,000. Finally, Kingsview Wealth Management LLC raised its holdings in shares of PGIM Total Return Bond ETF by 34.5% during the third quarter. Kingsview Wealth Management LLC now owns 7,275 shares of the company’s stock valued at $312,000 after purchasing an additional 1,866 shares during the last quarter.

PGIM Total Return Bond ETF Stock Performance

PTRB stock opened at $41.27 on Friday. PGIM Total Return Bond ETF has a 1 year low of $40.27 and a 1 year high of $43.15. The stock’s fifty day moving average price is $41.21 and its 200-day moving average price is $41.83.

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.