10,951 PGIM Ultra Short Bond ETF $PULS Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC trimmed its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 329,945 shares of the company’s stock after selling 10,951 shares during the period. PGIM Ultra Short Bond ETF accounts for approximately 3.3% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 3rd biggest holding. Fairvoy Private Wealth LLC owned about 0.08% of PGIM Ultra Short Bond ETF worth $16,319,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PULS. Tenet Wealth Partners LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 71.7% during the third quarter. Tenet Wealth Partners LLC now owns 7,912 shares of the company’s stock worth $391,000 after purchasing an additional 3,304 shares during the last quarter. Prairie Advisory LLC lifted its position in PGIM Ultra Short Bond ETF by 124.8% during the third quarter. Prairie Advisory LLC now owns 717,018 shares of the company’s stock valued at $35,464,000 after purchasing an additional 398,072 shares during the period. LexAurum Advisors LLC lifted its position in PGIM Ultra Short Bond ETF by 7.4% during the third quarter. LexAurum Advisors LLC now owns 21,662 shares of the company’s stock valued at $1,071,000 after purchasing an additional 1,489 shares during the period. Cottage Street Advisors LLC boosted its holdings in PGIM Ultra Short Bond ETF by 107.8% in the third quarter. Cottage Street Advisors LLC now owns 13,587 shares of the company’s stock valued at $672,000 after purchasing an additional 7,048 shares during the last quarter. Finally, Clark Wealth Partners boosted its holdings in PGIM Ultra Short Bond ETF by 65.2% in the third quarter. Clark Wealth Partners now owns 376,065 shares of the company’s stock valued at $18,664,000 after purchasing an additional 148,402 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS remained flat at $49.57 during mid-day trading on Monday. 2,748,549 shares of the company’s stock traded hands, compared to its average volume of 2,882,040. The business’s 50-day moving average price is $49.59 and its two-hundred day moving average price is $49.61. The company has a market capitalization of $19.70 billion, a PE ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83.

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.