PGIM Ultra Short Bond ETF $PULS Shares Sold by Seed Wealth Management Inc.

Seed Wealth Management Inc. reduced its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 29.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 88,478 shares of the company’s stock after selling 36,281 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 2.8% of Seed Wealth Management Inc.’s portfolio, making the stock its 8th largest holding. Seed Wealth Management Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $4,376,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of PULS. Anchor Investment Management LLC grew its position in PGIM Ultra Short Bond ETF by 49.6% during the 2nd quarter. Anchor Investment Management LLC now owns 751 shares of the company’s stock worth $37,000 after purchasing an additional 249 shares during the last quarter. PVG Asset Management Corp increased its stake in PGIM Ultra Short Bond ETF by 5.7% during the 2nd 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 in the last quarter. Friedenthal Financial increased its stake in PGIM Ultra Short Bond ETF by 2.0% during the 1st quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock valued at $943,000 after purchasing an additional 377 shares in the last quarter. KPP Advisory Services LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 10.3% in the first quarter. KPP Advisory Services LLC now owns 5,350 shares of the company’s stock worth $265,000 after buying an additional 500 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised 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 worth $333,000 after buying an additional 508 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS opened at $49.57 on Wednesday. PGIM Ultra Short Bond ETF has a 12-month low of $49.45 and a 12-month high of $49.83. The company has a fifty day simple moving average of $49.58 and a two-hundred day simple moving average of $49.61. The stock has a market cap of $19.72 billion, a P/E ratio of -23.83 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.