Founders Financial Securities LLC increased its stake in shares of PGIM Floating Rate Income ETF (NYSEARCA:PFRL – Free Report) by 26.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,024 shares of the company’s stock after buying an additional 14,215 shares during the quarter. Founders Financial Securities LLC owned 0.06% of PGIM Floating Rate Income ETF worth $3,419,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. increased its holdings in PGIM Floating Rate Income ETF by 26.1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 10,478 shares of the company’s stock valued at $527,000 after purchasing an additional 2,168 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in PGIM Floating Rate Income ETF by 26.1% during the 4th quarter. Atria Wealth Solutions Inc. now owns 10,478 shares of the company’s stock valued at $533,000 after purchasing an additional 2,168 shares in the last quarter. Finally, Wright Fund Management LLC acquired a new stake in PGIM Floating Rate Income ETF during the 4th quarter valued at $294,000.
PGIM Floating Rate Income ETF Trading Down 0.1 %
PFRL stock traded down $0.03 during midday trading on Friday, reaching $50.55. 6,341 shares of the company’s stock traded hands, compared to its average volume of 9,012. The company has a 50-day simple moving average of $50.60 and a two-hundred day simple moving average of $50.61. PGIM Floating Rate Income ETF has a 1-year low of $49.39 and a 1-year high of $51.51.
About PGIM Floating Rate Income ETF
The PGIM Floating Rate Income ETF (PFRL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that aims for current income by investing mainly in senior floating rate loans of any credit quality from around the world. PFRL was launched on May 17, 2022 and is managed by PGIM.
Recommended Stories
- Five stocks we like better than PGIM Floating Rate Income ETF
- Business Services Stocks Investing
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- What are earnings reports?
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- Quiet Period Expirations Explained
- MarketBeat Week in Review – 6/24 – 6/28
Want to see what other hedge funds are holding PFRL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Floating Rate Income ETF (NYSEARCA:PFRL – Free Report).
Receive News & Ratings for PGIM Floating Rate Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Floating Rate Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
