Northwest Financial Advisors Cuts Stock Holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Northwest Financial Advisors reduced its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.9% during the fourth quarter, HoldingsChannel reports. The firm owned 11,119 shares of the company’s stock after selling 218 shares during the period. Northwest Financial Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $551,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of PULS. Temasek Holdings Private Ltd purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $50,039,000. JPMorgan Chase & Co. increased its stake in PGIM Ultra Short Bond ETF by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock valued at $1,259,904,000 after acquiring an additional 989,710 shares during the last quarter. Flagship Harbor Advisors LLC bought a new position in PGIM Ultra Short Bond ETF in the third quarter valued at $33,543,000. Cetera Investment Advisers raised its position in PGIM Ultra Short Bond ETF by 84.1% during the second quarter. Cetera Investment Advisers now owns 1,111,646 shares of the company’s stock valued at $55,249,000 after purchasing an additional 507,868 shares in the last quarter. Finally, Crane Advisory LLC lifted its stake in PGIM Ultra Short Bond ETF by 28.0% during the fourth quarter. Crane Advisory LLC now owns 1,802,695 shares of the company’s stock worth $89,378,000 after purchasing an additional 393,901 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.73 on Tuesday. PGIM Ultra Short Bond ETF has a 12 month low of $48.47 and a 12 month high of $49.81. The business’s 50-day moving average price is $49.67 and its 200-day moving average price is $49.66.

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.