Janney Montgomery Scott LLC Acquires 327,895 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Janney Montgomery Scott LLC grew its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 42.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,099,975 shares of the company’s stock after buying an additional 327,895 shares during the quarter. Janney Montgomery Scott LLC owned 0.84% of PGIM Ultra Short Bond ETF worth $54,669,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of PULS. Norden Group LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 6,082.2% during the first quarter. Norden Group LLC now owns 3,152,844 shares of the company’s stock valued at $156,697,000 after buying an additional 3,101,845 shares during the last quarter. Morgan Stanley grew its stake in shares of PGIM Ultra Short Bond ETF by 21.1% during the third quarter. Morgan Stanley now owns 8,686,716 shares of the company’s stock valued at $429,906,000 after buying an additional 1,514,744 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 3.8% in the third quarter. JPMorgan Chase & Co. now owns 22,692,887 shares of the company’s stock valued at $1,123,071,000 after purchasing an additional 829,290 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of PGIM Ultra Short Bond ETF by 17.1% in the fourth quarter. Wells Fargo & Company MN now owns 3,706,189 shares of the company’s stock valued at $183,049,000 after purchasing an additional 542,492 shares during the period. Finally, Raymond James & Associates boosted its holdings in shares of PGIM Ultra Short Bond ETF by 31.3% in the first quarter. Raymond James & Associates now owns 759,195 shares of the company’s stock valued at $37,732,000 after purchasing an additional 180,871 shares during the period.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of NYSEARCA PULS traded up $0.02 during trading hours on Friday, reaching $49.54. The stock had a trading volume of 1,513,138 shares, compared to its average volume of 1,300,006. The business’s fifty day moving average price is $49.61 and its two-hundred day moving average price is $49.58. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.75.

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.