Silver Lake Advisory LLC Makes New Investment in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Silver Lake Advisory LLC bought a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,266 shares of the company’s stock, valued at approximately $1,802,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norden Group LLC increased its position in 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 worth $156,697,000 after buying an additional 3,101,845 shares during the period. Cetera Investment Advisers increased its holdings in shares of PGIM Ultra Short Bond ETF by 892.0% in the 1st quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock valued at $30,008,000 after acquiring an additional 542,915 shares during the period. Wells Fargo & Company MN raised its position in PGIM Ultra Short Bond ETF by 17.1% in the 4th 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 last quarter. Janney Montgomery Scott LLC boosted its stake in PGIM Ultra Short Bond ETF by 42.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,099,975 shares of the company’s stock worth $54,669,000 after purchasing an additional 327,895 shares during the period. Finally, Buck Wealth Strategies LLC grew its position in PGIM Ultra Short Bond ETF by 221.8% during the 1st quarter. Buck Wealth Strategies LLC now owns 464,971 shares of the company’s stock worth $23,109,000 after purchasing an additional 320,464 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:PULS traded up $0.03 on Friday, reaching $49.64. The company’s stock had a trading volume of 1,099,836 shares, compared to its average volume of 1,382,402. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.75. The stock’s 50-day moving average is $49.61 and its two-hundred day moving average is $49.60.

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.