Curran Financial Partners LLC Lowers Position in PGIM Ultra Short Bond ETF $PULS

Curran Financial Partners LLC decreased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.6% during the second quarter, Holdings Channel reports. The firm owned 294,957 shares of the company’s stock after selling 4,794 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 3.2% of Curran Financial Partners LLC’s holdings, making the stock its 9th biggest position. Curran Financial Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $14,677,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its holdings in PGIM Ultra Short Bond ETF by 437.7% during the first quarter. Golden State Wealth Management LLC now owns 7,679 shares of the company’s stock valued at $382,000 after buying an additional 6,251 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in PGIM Ultra Short Bond ETF by 15.4% during the first quarter. Janney Montgomery Scott LLC now owns 132,923 shares of the company’s stock valued at $6,610,000 after buying an additional 17,715 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in PGIM Ultra Short Bond ETF by 29.4% during the first quarter. Envestnet Asset Management Inc. now owns 745,222 shares of the company’s stock valued at $37,060,000 after buying an additional 169,348 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in PGIM Ultra Short Bond ETF by 52.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 271,150 shares of the company’s stock valued at $13,484,000 after buying an additional 93,244 shares during the last quarter. Finally, KWB Wealth increased its holdings in PGIM Ultra Short Bond ETF by 40.9% during the second quarter. KWB Wealth now owns 7,348 shares of the company’s stock valued at $365,000 after buying an additional 2,134 shares during the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.67 on Friday. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84. The stock has a market cap of $12.63 billion, a P/E ratio of -23.88 and a beta of 0.04. The company has a 50 day simple moving average of $49.73 and a two-hundred day simple moving average of $49.65.

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.