PGIM Ultra Short Bond ETF $PULS Holdings Lessened by Seed Wealth Management Inc.

Seed Wealth Management Inc. decreased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 29.1% in the third quarter, HoldingsChannel reports. The firm owned 88,478 shares of the company’s stock after selling 36,281 shares during the quarter. PGIM Ultra Short Bond ETF accounts for 2.8% of Seed Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Seed Wealth Management Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $4,376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PULS. Anchor Investment Management LLC purchased a new stake in PGIM Ultra Short Bond ETF in the first quarter valued at approximately $25,000. Flagship Wealth Advisors LLC acquired a new position in PGIM Ultra Short Bond ETF in the 1st quarter worth approximately $25,000. TOP Private Wealth LLC. acquired a new position in PGIM Ultra Short Bond ETF in the 2nd quarter worth approximately $48,000. NBH Bank purchased a new position in PGIM Ultra Short Bond ETF during the 2nd quarter worth approximately $53,000. Finally, Blue Trust Inc. raised its position in PGIM Ultra Short Bond ETF by 61.9% during the 1st quarter. Blue Trust Inc. now owns 1,621 shares of the company’s stock worth $80,000 after buying an additional 620 shares during the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.57 on Wednesday. PGIM Ultra Short Bond ETF has a 12-month low of $49.45 and a 12-month high of $49.83. The firm has a 50 day moving average of $49.58 and a two-hundred day moving average of $49.61. The firm has a market capitalization of $19.72 billion, a PE ratio of -23.83 and a beta of 0.02.

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