Fountainhead AM LLC Reduces Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Fountainhead AM LLC cut its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 17.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,276 shares of the company’s stock after selling 19,010 shares during the quarter. PGIM Ultra Short Bond ETF makes up approximately 1.2% of Fountainhead AM LLC’s portfolio, making the stock its 20th largest holding. Fountainhead AM LLC owned 0.09% of PGIM Ultra Short Bond ETF worth $4,360,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Stratos Wealth Partners LTD. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 26.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 230,963 shares of the company’s stock worth $11,407,000 after buying an additional 48,701 shares in the last quarter. Crane Advisory LLC increased its position in shares of PGIM Ultra Short Bond ETF by 8.9% in the fourth quarter. Crane Advisory LLC now owns 919,112 shares of the company’s stock worth $45,432,000 after purchasing an additional 75,469 shares during the last quarter. Ironwood Wealth Management Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 1.8% in the fourth quarter. Ironwood Wealth Management Inc. now owns 363,386 shares of the company’s stock worth $17,988,000 after purchasing an additional 6,567 shares during the last quarter. Vickerman Investment Advisors Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 46.3% in the fourth quarter. Vickerman Investment Advisors Inc. now owns 548,816 shares of the company’s stock worth $27,106,000 after purchasing an additional 173,717 shares during the last quarter. Finally, DAVENPORT & Co LLC increased its position in shares of PGIM Ultra Short Bond ETF by 6.5% in the fourth quarter. DAVENPORT & Co LLC now owns 65,919 shares of the company’s stock worth $3,256,000 after purchasing an additional 4,035 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of PULS stock traded up $0.01 during trading on Tuesday, hitting $49.64. The company had a trading volume of 1,172,993 shares, compared to its average volume of 1,242,344. The stock’s 50-day moving average is $49.58 and its two-hundred day moving average is $49.50. PGIM Ultra Short Bond ETF has a 52 week low of $49.12 and a 52 week high of $49.71.

PGIM Ultra Short Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.2443 dividend. This is a boost from PGIM Ultra Short Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, April 1st.

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.