PGIM Ultra Short Bond ETF $PULS Shares Sold by Prevail Innovative Wealth Advisors LLC

Prevail Innovative Wealth Advisors LLC lowered its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 58.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,987 shares of the company’s stock after selling 31,278 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,090,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of PULS. Sound Income Strategies LLC raised its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after purchasing an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new stake in shares of PGIM Ultra Short Bond ETF in the third quarter worth $30,000. Rossby Financial LCC acquired a new stake in PGIM Ultra Short Bond ETF in the third quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after acquiring an additional 513 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in PGIM Ultra Short Bond ETF by 667.4% during the 3rd quarter. Assetmark Inc. now owns 683 shares of the company’s stock worth $34,000 after acquiring an additional 594 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.67 on Friday. The firm has a market cap of $14.57 billion, a PE ratio of -23.88 and a beta of 0.02. The firm’s 50-day simple moving average is $49.62 and its 200-day simple moving average is $49.67. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year 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.