BNP Paribas Financial Markets Sells 66,347 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

BNP Paribas Financial Markets lessened its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 63.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,415 shares of the company’s stock after selling 66,347 shares during the period. BNP Paribas Financial Markets’ holdings in PGIM Ultra Short Bond ETF were worth $1,897,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BKM Wealth Management LLC bought a new stake in PGIM Ultra Short Bond ETF during the 4th quarter valued at $49,000. Macroview Investment Management LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $49,000. Principal Securities Inc. purchased a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth about $51,000. Pinnacle Bancorp Inc. boosted its stake in PGIM Ultra Short Bond ETF by 38.2% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,277 shares of the company’s stock worth $63,000 after purchasing an additional 353 shares during the period. Finally, Capital Analysts LLC purchased a new position in PGIM Ultra Short Bond ETF during the 4th quarter valued at about $69,000.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.70 on Friday. The company’s 50-day moving average price is $49.60 and its 200-day moving average price is $49.54. PGIM Ultra Short Bond ETF has a 12-month low of $49.13 and a 12-month high of $49.71.

About PGIM Ultra Short Bond ETF

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.