Fairvoy Private Wealth LLC Decreases Stock Position in PGIM Ultra Short Bond ETF $PULS

Fairvoy Private Wealth LLC decreased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.2% during the third quarter, Holdings Channel reports. The institutional investor owned 297,949 shares of the company’s stock after selling 16,388 shares during the period. PGIM Ultra Short Bond ETF makes up approximately 3.4% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 4th biggest position. Fairvoy Private Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $14,847,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Spire Wealth Management bought a new stake in PGIM Ultra Short Bond ETF during the second quarter valued at about $31,000. Legacy Wealth Managment LLC ID bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at approximately $44,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in PGIM Ultra Short Bond ETF by 50.8% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock valued at $135,000 after purchasing an additional 911 shares during the period. Vestor Capital LLC purchased a new position in PGIM Ultra Short Bond ETF in the 2nd quarter worth approximately $184,000. Finally, Capital Analysts LLC boosted its stake in PGIM Ultra Short Bond ETF by 187.5% in the 1st quarter. Capital Analysts LLC now owns 4,002 shares of the company’s stock worth $199,000 after purchasing an additional 2,610 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 opened at $49.76 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The company has a 50 day simple moving average of $49.72 and a two-hundred day simple moving average of $49.71. The firm has a market cap of $13.28 billion, a P/E ratio of -23.92 and a beta of 0.01.

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.