Sanctuary Advisors LLC Sells 17,207 Shares of PGIM Ultra Short Bond ETF $PULS

Sanctuary Advisors LLC lowered its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 11.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 136,530 shares of the company’s stock after selling 17,207 shares during the period. Sanctuary Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,758,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Seed Wealth Management Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 297.1% in the 4th quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock valued at $4,965,000 after acquiring an additional 74,905 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in PGIM Ultra Short Bond ETF by 1,066.8% during the fourth quarter. Farther Finance Advisors LLC now owns 186,532 shares of the company’s stock worth $9,250,000 after acquiring an additional 170,546 shares in the last quarter. Embree Financial Group boosted its stake in PGIM Ultra Short Bond ETF by 85.1% during the fourth quarter. Embree Financial Group now owns 442,084 shares of the company’s stock worth $21,923,000 after acquiring an additional 203,209 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in PGIM Ultra Short Bond ETF by 152.5% during the fourth quarter. DAVENPORT & Co LLC now owns 170,856 shares of the company’s stock worth $8,473,000 after acquiring an additional 103,190 shares in the last quarter. Finally, BOS Asset Management LLC grew its holdings in PGIM Ultra Short Bond ETF by 58.9% in the fourth quarter. BOS Asset Management LLC now owns 132,080 shares of the company’s stock worth $6,550,000 after purchasing an additional 48,958 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS opened at $49.64 on Friday. PGIM Ultra Short Bond ETF has a 1-year low of $49.50 and a 1-year high of $49.84. The company has a market cap of $17.39 billion, a P/E ratio of -23.87 and a beta of 0.02. The company has a fifty day moving average price of $49.63 and a two-hundred day moving average price of $49.65.

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