Simplicity Wealth LLC Boosts Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Simplicity Wealth LLC increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 149.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,762 shares of the company’s stock after buying an additional 6,449 shares during the period. Simplicity Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $533,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PULS. Creative Planning purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter valued at approximately $223,000. Atria Investments Inc raised its position in PGIM Ultra Short Bond ETF by 15.0% during the third quarter. Atria Investments Inc now owns 141,303 shares of the company’s stock valued at $7,034,000 after purchasing an additional 18,457 shares during the period. Nations Financial Group Inc. IA ADV raised its position in PGIM Ultra Short Bond ETF by 1.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock valued at $1,823,000 after purchasing an additional 494 shares during the period. First Heartland Consultants Inc. purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter valued at approximately $318,000. Finally, Oppenheimer & Co. Inc. raised its position in PGIM Ultra Short Bond ETF by 12.5% during the third quarter. Oppenheimer & Co. Inc. now owns 106,135 shares of the company’s stock valued at $5,283,000 after purchasing an additional 11,831 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.62 on Tuesday. The stock’s 50 day simple moving average is $49.65 and its two-hundred day simple moving average is $49.67. PGIM Ultra Short Bond ETF has a 1 year low of $48.47 and a 1 year high of $49.81.

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.