NewEdge Advisors LLC Raises Holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

NewEdge Advisors LLC grew its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 58.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 803,452 shares of the company’s stock after buying an additional 296,848 shares during the quarter. NewEdge Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $39,811,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. McIlrath & Eck LLC increased its position in shares of PGIM Ultra Short Bond ETF by 4.7% in the 3rd quarter. McIlrath & Eck LLC now owns 22,798 shares of the company’s stock valued at $1,135,000 after purchasing an additional 1,018 shares during the last quarter. Advisory Resource Group grew its stake in shares of PGIM Ultra Short Bond ETF by 5.8% during the third quarter. Advisory Resource Group now owns 102,375 shares of the company’s stock worth $5,096,000 after purchasing an additional 5,617 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of PGIM Ultra Short Bond ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock valued at $1,259,904,000 after acquiring an additional 989,710 shares during the last quarter. First Citizens Financial Corp increased its stake in PGIM Ultra Short Bond ETF by 11.7% in the fourth quarter. First Citizens Financial Corp now owns 98,735 shares of the company’s stock valued at $4,892,000 after purchasing an additional 10,343 shares during the last quarter. Finally, Ridgeline Wealth LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth $1,657,000.

PGIM Ultra Short Bond ETF Stock Up 0.1 %

PULS opened at $49.47 on Wednesday. The business’s 50 day moving average is $49.61 and its two-hundred day moving average is $49.65. PGIM Ultra Short Bond ETF has a 52 week low of $48.47 and a 52 week high of $49.81.

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.