PGIM Ultra Short Bond ETF $PULS Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. raised its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 240,997 shares of the company’s stock after acquiring an additional 33,959 shares during the quarter. Harbour Investments Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $11,920,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. IFG Advisory LLC increased its stake in PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. IFG Advisory LLC now owns 207,221 shares of the company’s stock worth $10,249,000 after buying an additional 22,387 shares in the last quarter. Drive Wealth Management LLC purchased a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at approximately $240,000. Condor Capital Management lifted its position in shares of PGIM Ultra Short Bond ETF by 8.8% in the third quarter. Condor Capital Management now owns 17,387 shares of the company’s stock valued at $860,000 after acquiring an additional 1,413 shares in the last quarter. Cornerstone Advisors Asset Management LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 12.6% in the third quarter. Cornerstone Advisors Asset Management LLC now owns 135,148 shares of the company’s stock valued at $6,684,000 after acquiring an additional 15,165 shares in the last quarter. Finally, Diversified Trust Co purchased a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at approximately $229,000. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS traded up $0.02 during trading on Friday, reaching $49.53. The stock had a trading volume of 3,194,657 shares, compared to its average volume of 2,932,507. The business has a fifty day moving average price of $49.55 and a 200-day moving average price of $49.62. The stock has a market cap of $19.85 billion, a PE ratio of -23.81 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 1-year low of $49.45 and a 1-year high of $49.82.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.