Kestra Advisory Services LLC Acquires 32,287 Shares of PGIM Ultra Short Bond ETF $PULS

Kestra Advisory Services LLC grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 9.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 373,761 shares of the company’s stock after purchasing an additional 32,287 shares during the period. Kestra Advisory Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $18,568,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. WPG Advisers LLC grew its stake in PGIM Ultra Short Bond ETF by 57.5% in the 1st quarter. WPG Advisers LLC now owns 87,566 shares of the company’s stock valued at $4,335,000 after buying an additional 31,951 shares in the last quarter. Richmond Investment Services LLC bought a new stake in PGIM Ultra Short Bond ETF during the 1st quarter valued at $257,000. Clearwave Capital LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 12.9% during the first quarter. Clearwave Capital LLC now owns 155,999 shares of the company’s stock worth $7,722,000 after acquiring an additional 17,836 shares in the last quarter. Integrated Advisors Network LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 118.8% during the first quarter. Integrated Advisors Network LLC now owns 17,936 shares of the company’s stock worth $888,000 after acquiring an additional 9,738 shares in the last quarter. Finally, Pine Harbor Wealth Management LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 10.0% during the first quarter. Pine Harbor Wealth Management LLC now owns 685,513 shares of the company’s stock worth $33,933,000 after acquiring an additional 62,045 shares in the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock traded up $0.01 during trading hours on Friday, reaching $49.59. The company had a trading volume of 1,849,540 shares, compared to its average volume of 2,765,448. PGIM Ultra Short Bond ETF has a one year low of $49.50 and a one year high of $49.84. The business has a fifty day simple moving average of $49.62 and a 200 day simple moving average of $49.65. The firm has a market cap of $17.38 billion, a PE ratio of -23.84 and a beta of 0.02.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.