Mutual Advisors LLC Sells 3,173 Shares of PGIM Ultra Short Bond ETF $PULS

Mutual Advisors LLC decreased its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,338 shares of the company’s stock after selling 3,173 shares during the period. Mutual Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $2,853,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 15.8% in the 1st quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock valued at $1,631,987,000 after acquiring an additional 4,479,846 shares in the last quarter. LPL Financial LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 38.1% in the 1st quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock valued at $472,180,000 after acquiring an additional 2,618,786 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter valued at about $250,500,000. Raymond James Financial Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 38.0% in the 1st quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock valued at $217,073,000 after acquiring an additional 1,202,781 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,567,987 shares of the company’s stock valued at $177,436,000 after acquiring an additional 34,545 shares in the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA PULS opened at $49.74 on Friday. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.34 and a fifty-two week high of $49.84. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of -23.91 and a beta of 0.04. The business has a 50-day moving average of $49.73 and a 200-day moving average of $49.65.

About PGIM Ultra Short Bond ETF

The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation.