Kestra Advisory Services LLC Buys 32,287 Shares of PGIM Ultra Short Bond ETF $PULS

Kestra Advisory Services LLC increased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 9.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 373,761 shares of the company’s stock after buying an additional 32,287 shares during the period. Kestra Advisory Services LLC owned about 0.13% of PGIM Ultra Short Bond ETF worth $18,568,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Seed Wealth Management Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 297.1% in the 4th quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after purchasing an additional 74,905 shares during the period. Farther Finance Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF by 1,066.8% during the fourth quarter. Farther Finance Advisors LLC now owns 186,532 shares of the company’s stock valued at $9,250,000 after purchasing an additional 170,546 shares during the period. Embree Financial Group increased its position in PGIM Ultra Short Bond ETF by 85.1% in the fourth quarter. Embree Financial Group now owns 442,084 shares of the company’s stock worth $21,923,000 after buying an additional 203,209 shares during the last quarter. DAVENPORT & Co LLC increased its position in PGIM Ultra Short Bond ETF by 152.5% in the fourth quarter. DAVENPORT & Co LLC now owns 170,856 shares of the company’s stock worth $8,473,000 after buying an additional 103,190 shares during the last quarter. Finally, BOS Asset Management LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 58.9% in the fourth quarter. BOS Asset Management LLC now owns 132,080 shares of the company’s stock valued at $6,550,000 after buying an additional 48,958 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA PULS traded up $0.01 during trading on Friday, reaching $49.59. 1,849,540 shares of the stock traded hands, compared to its average volume of 2,765,448. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84. The company has a 50-day moving average of $49.62 and a 200-day moving average of $49.65. The stock has a market capitalization of $17.38 billion, a P/E ratio of -23.84 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.