PCG Wealth Advisors LLC Sells 11,163 Shares of PGIM Ultra Short Bond ETF $PULS

PCG Wealth Advisors LLC cut its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 55,764 shares of the company’s stock after selling 11,163 shares during the quarter. PCG Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $2,765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of PULS. JPMorgan Chase & Co. lifted its stake in PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock valued at $1,882,557,000 after acquiring an additional 4,065,547 shares during the period. Bank of America Corp DE boosted its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% during the 3rd quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock valued at $555,066,000 after acquiring an additional 215,246 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 5.7% in the third quarter. Raymond James Financial Inc. now owns 4,348,595 shares of the company’s stock worth $216,691,000 after acquiring an additional 236,042 shares during the period. UBS Group AG grew its stake in shares of PGIM Ultra Short Bond ETF by 16.9% in the third quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock worth $204,420,000 after acquiring an additional 591,642 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 11.6% during the third quarter. PNC Financial Services Group Inc. now owns 3,799,980 shares of the company’s stock valued at $189,353,000 after purchasing an additional 396,495 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of PGIM Ultra Short Bond ETF stock opened at $49.63 on Friday. The company has a market cap of $14.56 billion, a price-to-earnings ratio of -23.86 and a beta of 0.02. The company’s 50 day moving average is $49.62 and its 200 day moving average is $49.68. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84.

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.