First Citizens Financial Corp Reduces Stock Position in PGIM Total Return Bond ETF (NYSEARCA:PTRB)

First Citizens Financial Corp trimmed its stake in shares of PGIM Total Return Bond ETF (NYSEARCA:PTRB) by 8.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,764 shares of the company’s stock after selling 2,958 shares during the quarter. First Citizens Financial Corp owned approximately 0.54% of PGIM Total Return Bond ETF worth $1,260,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of PTRB. International Assets Investment Management LLC bought a new stake in PGIM Total Return Bond ETF in the second quarter valued at $25,000. Alpha Financial Partners LLC acquired a new position in PGIM Total Return Bond ETF during the 3rd quarter valued at about $203,000. Axecap Investments LLC acquired a new position in PGIM Total Return Bond ETF during the 3rd quarter valued at about $225,000. Kingsview Wealth Management LLC grew its position in PGIM Total Return Bond ETF by 34.5% in the 3rd quarter. Kingsview Wealth Management LLC now owns 7,275 shares of the company’s stock worth $312,000 after purchasing an additional 1,866 shares during the last quarter. Finally, Daymark Wealth Partners LLC increased its stake in shares of PGIM Total Return Bond ETF by 8.0% in the second quarter. Daymark Wealth Partners LLC now owns 8,167 shares of the company’s stock valued at $337,000 after purchasing an additional 607 shares during the period.

PGIM Total Return Bond ETF Stock Performance

Shares of PTRB remained flat at $40.97 during mid-day trading on Friday. The stock had a trading volume of 15,962 shares, compared to its average volume of 20,207. The firm’s 50 day simple moving average is $41.50 and its 200-day simple moving average is $41.91. PGIM Total Return Bond ETF has a 52 week low of $40.27 and a 52 week high of $43.15.

PGIM Total Return Bond ETF 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.