USAdvisors Wealth Management LLC Sells 14,817 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

USAdvisors Wealth Management LLC reduced its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 65.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,923 shares of the company’s stock after selling 14,817 shares during the quarter. USAdvisors Wealth Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $392,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PULS. Thurston Springer Miller Herd & Titak Inc. bought a new stake in PGIM Ultra Short Bond ETF during the third quarter valued at about $33,000. Hara Capital LLC bought a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter valued at approximately $101,000. MidAtlantic Capital Management Inc. acquired a new stake in PGIM Ultra Short Bond ETF in the 3rd quarter valued at approximately $152,000. BankPlus Wealth Management LLC bought a new position in PGIM Ultra Short Bond ETF in the 4th quarter worth approximately $202,000. Finally, Kovack Advisors Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF during the third quarter worth approximately $209,000.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.75 on Thursday. PGIM Ultra Short Bond ETF has a 1 year low of $48.47 and a 1 year high of $49.81. The company’s fifty day simple moving average is $49.67 and its 200-day simple moving average is $49.66.

PGIM Ultra Short Bond ETF Company 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.