Avestar Capital LLC lessened its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 14.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 121,880 shares of the company’s stock after selling 20,637 shares during the period. Avestar Capital LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,036,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its position in PGIM Ultra Short Bond ETF by 22.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock worth $244,513,000 after purchasing an additional 918,258 shares during the period. Cetera Investment Advisers increased its stake in shares of PGIM Ultra Short Bond ETF by 56.7% in the 1st quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock valued at $234,585,000 after buying an additional 1,715,376 shares during the period. Kensington Asset Management LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 103.2% in the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock valued at $159,726,000 after buying an additional 1,638,630 shares during the period. Royal Bank of Canada raised its position in shares of PGIM Ultra Short Bond ETF by 2.5% during the first quarter. Royal Bank of Canada now owns 2,441,278 shares of the company’s stock worth $120,844,000 after acquiring an additional 59,415 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 56.8% during the second quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock valued at $101,561,000 after acquiring an additional 742,333 shares during the period. 72.71% of the stock is owned by institutional investors and hedge funds.
PGIM Ultra Short Bond ETF Stock Down 0.3%
PGIM Ultra Short Bond ETF stock opened at $49.48 on Friday. The business’s 50-day simple moving average is $49.58 and its 200 day simple moving average is $49.63. PGIM Ultra Short Bond ETF has a 12-month low of $49.45 and a 12-month high of $49.83. The stock has a market cap of $19.74 billion, a price-to-earnings ratio of -23.79 and a beta of 0.02.
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. PULS was launched on Apr 5, 2018 and is managed by PGIM.
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Want to see what other hedge funds are holding PULS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report).
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