PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Shares Sold by Saxon Interests Inc.

Saxon Interests Inc. reduced its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 33.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,058 shares of the company’s stock after selling 16,432 shares during the quarter. PGIM Ultra Short Bond ETF makes up approximately 0.9% of Saxon Interests Inc.’s investment portfolio, making the stock its 28th largest position. Saxon Interests Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $1,633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Simplicity Solutions LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 1st quarter valued at approximately $1,123,000. SageView Advisory Group LLC acquired a new position in PGIM Ultra Short Bond ETF during the first quarter worth $741,000. Trustcore Financial Services LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 23.8% during the fourth quarter. Trustcore Financial Services LLC now owns 2,040 shares of the company’s stock worth $100,000 after buying an additional 392 shares during the period. Smallwood Wealth Investment Management LLC grew its stake in PGIM Ultra Short Bond ETF by 61.9% during the 1st quarter. Smallwood Wealth Investment Management LLC now owns 51,573 shares of the company’s stock worth $2,543,000 after purchasing an additional 19,711 shares in the last quarter. Finally, Advisor Group Holdings Inc. increased its holdings in PGIM Ultra Short Bond ETF by 142.8% during the 4th quarter. Advisor Group Holdings Inc. now owns 1,139,703 shares of the company’s stock worth $55,979,000 after purchasing an additional 670,225 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS remained flat at $49.39 during midday trading on Tuesday. The stock had a trading volume of 842,321 shares, compared to its average volume of 980,516. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.88 and a fifty-two week high of $49.51. The company has a 50-day moving average price of $49.35 and a 200-day moving average price of $49.29.

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.