PGIM Floating Rate Income ETF (NYSEARCA:PFRL) Stock Holdings Lessened by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lessened its stake in shares of PGIM Floating Rate Income ETF (NYSEARCA:PFRL) by 21.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 11,338 shares of the company’s stock after selling 3,168 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in PGIM Floating Rate Income ETF were worth $570,000 at the end of the most recent reporting period.

Separately, Moody National Bank Trust Division boosted its holdings in shares of PGIM Floating Rate Income ETF by 3.8% in the fourth quarter. Moody National Bank Trust Division now owns 110,371 shares of the company’s stock worth $5,552,000 after buying an additional 4,028 shares during the period.

PGIM Floating Rate Income ETF Price Performance

PGIM Floating Rate Income ETF stock opened at $49.99 on Wednesday. PGIM Floating Rate Income ETF has a fifty-two week low of $49.75 and a fifty-two week high of $51.06. The firm’s 50 day simple moving average is $50.36 and its 200-day simple moving average is $50.54.

PGIM Floating Rate Income ETF Profile

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.