Phoenix Wealth Advisors cut its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 31.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,381 shares of the company’s stock after selling 53,063 shares during the quarter. PGIM Ultra Short Bond ETF accounts for 1.7% of Phoenix Wealth Advisors’ holdings, making the stock its 14th largest holding. Phoenix Wealth Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $5,707,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of PULS. Anchor Investment Management LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 49.6% during the second quarter. Anchor Investment Management LLC now owns 751 shares of the company’s stock worth $37,000 after purchasing an additional 249 shares in the last quarter. PVG Asset Management Corp boosted its stake in shares of PGIM Ultra Short Bond ETF by 5.7% in the second quarter. PVG Asset Management Corp now owns 5,573 shares of the company’s stock valued at $276,000 after purchasing an additional 302 shares during the period. Kingswood Wealth Advisors LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 0.6% in the third quarter. Kingswood Wealth Advisors LLC now owns 55,504 shares of the company’s stock valued at $2,745,000 after purchasing an additional 341 shares in the last quarter. Legacy Wealth Managment LLC ID grew its holdings in shares of PGIM Ultra Short Bond ETF by 8.2% in the second quarter. Legacy Wealth Managment LLC ID now owns 6,726 shares of the company’s stock valued at $333,000 after purchasing an additional 508 shares in the last quarter. Finally, Flagship Wealth Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF in the first quarter valued at approximately $25,000. 72.71% of the stock is owned by institutional investors and hedge funds.
PGIM Ultra Short Bond ETF Stock Performance
PULS remained flat at $49.50 during trading hours on Friday. 3,164,546 shares of the company traded hands, compared to its average volume of 2,932,376. PGIM Ultra Short Bond ETF has a 1 year low of $49.45 and a 1 year high of $49.82. The stock’s 50-day moving average price is $49.56 and its 200 day moving average price is $49.62. The stock has a market cap of $19.65 billion, a price-to-earnings ratio of -23.80 and a beta of 0.02.
PGIM Ultra Short Bond ETF 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.
Featured Articles
- Five stocks we like better than PGIM Ultra Short Bond ETF
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for PGIM Ultra Short Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM Ultra Short Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
