SouthState Corp Sells 29,377 Shares of PGIM Ultra Short Bond ETF $PULS

SouthState Corp cut its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 41.0% during the 2nd quarter, Holdings Channel reports. The firm owned 42,249 shares of the company’s stock after selling 29,377 shares during the quarter. SouthState Corp’s holdings in PGIM Ultra Short Bond ETF were worth $2,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 29.4% in the first quarter. Envestnet Asset Management Inc. now owns 745,222 shares of the company’s stock valued at $37,060,000 after buying an additional 169,348 shares during the last quarter. KWB Wealth increased its holdings in shares of PGIM Ultra Short Bond ETF by 40.9% during the 2nd quarter. KWB Wealth now owns 7,348 shares of the company’s stock worth $365,000 after acquiring an additional 2,134 shares during the last quarter. JPMorgan Chase & Co. raised its stake in 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 during the period. Janney Montgomery Scott LLC lifted its holdings in PGIM Ultra Short Bond ETF by 9.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 145,276 shares of the company’s stock valued at $7,229,000 after purchasing an additional 12,353 shares during the last quarter. Finally, Truist Financial Corp lifted its holdings in PGIM Ultra Short Bond ETF by 1.5% during the 2nd quarter. Truist Financial Corp now owns 147,721 shares of the company’s stock valued at $7,351,000 after purchasing an additional 2,127 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

PULS stock opened at $49.65 on Friday. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The stock has a market cap of $12.62 billion, a price-to-earnings ratio of -23.87 and a beta of 0.01. The company has a fifty day moving average price of $49.74 and a two-hundred day moving average price of $49.68.

PGIM Ultra Short Bond ETF Company Profile

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.