BlueStem Wealth Partners LLC Makes New $3.04 Million Investment in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

BlueStem Wealth Partners LLC purchased a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 61,360 shares of the company’s stock, valued at approximately $3,040,000. PGIM Ultra Short Bond ETF comprises about 0.4% of BlueStem Wealth Partners LLC’s holdings, making the stock its 27th largest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 39.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock worth $41,000 after purchasing an additional 232 shares during the last quarter. Blue Trust Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth about $46,000. Kestra Investment Management LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth about $50,000. Bank of Jackson Hole Trust acquired a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth about $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 89.1% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock worth $63,000 after purchasing an additional 596 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA PULS opened at $49.78 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.81. The stock has a 50-day simple moving average of $49.66 and a 200 day simple moving average of $49.67.

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.