PGIM Ultra Short Bond ETF $PULS Stock Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1,271.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 137,747 shares of the company’s stock after acquiring an additional 127,705 shares during the period. Sowell Financial Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,813,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Anchor Investment Management LLC purchased a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter valued at approximately $25,000. Flagship Wealth Advisors LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter valued at approximately $25,000. TOP Private Wealth LLC. bought a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter valued at approximately $48,000. NBH Bank purchased a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $53,000. Finally, Blue Trust Inc. grew its stake in PGIM Ultra Short Bond ETF by 61.9% in the first quarter. Blue Trust Inc. now owns 1,621 shares of the company’s stock worth $80,000 after purchasing an additional 620 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS stock opened at $49.57 on Wednesday. The business’s fifty day moving average is $49.58 and its 200 day moving average is $49.61. The stock has a market cap of $19.72 billion, a price-to-earnings ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a twelve month low of $49.45 and a twelve month high of $49.83.

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.