PGIM Ultra Short Bond ETF $PULS Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 3.7% during the 3rd quarter, Holdings Channel reports. The fund owned 323,728 shares of the company’s stock after selling 12,278 shares during the period. Oppenheimer & Co. Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $16,012,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC increased its position in PGIM Ultra Short Bond ETF by 0.6% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 55,504 shares of the company’s stock valued at $2,745,000 after purchasing an additional 341 shares during the period. Sigma Planning Corp raised its holdings in shares of PGIM Ultra Short Bond ETF by 2.9% in the 3rd quarter. Sigma Planning Corp now owns 86,167 shares of the company’s stock valued at $4,262,000 after purchasing an additional 2,425 shares in the last quarter. Financial Management Professionals Inc. bought a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter valued at about $50,482,000. Simplicity Wealth LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 206.4% in the 3rd quarter. Simplicity Wealth LLC now owns 92,059 shares of the company’s stock worth $4,553,000 after purchasing an additional 62,017 shares during the period. Finally, Sowell Financial Services LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 1,271.7% in the 3rd quarter. Sowell Financial Services LLC now owns 137,747 shares of the company’s stock worth $6,813,000 after purchasing an additional 127,705 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS opened at $49.59 on Tuesday. The firm’s 50 day moving average price is $49.58 and its 200-day moving average price is $49.63. PGIM Ultra Short Bond ETF has a 52-week low of $49.45 and a 52-week high of $49.83. The company has a market cap of $19.81 billion, a PE 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.