PGIM Ultra Short Bond ETF $PULS Stock Sold by WESPAC Advisors LLC

WESPAC Advisors LLC decreased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 34.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 162,200 shares of the company’s stock after selling 85,551 shares during the period. PGIM Ultra Short Bond ETF comprises approximately 4.1% of WESPAC Advisors LLC’s portfolio, making the stock its 2nd biggest holding. WESPAC Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $8,022,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kingswood Wealth Advisors LLC increased its position in PGIM Ultra Short Bond ETF by 0.6% in the third quarter. Kingswood Wealth Advisors LLC now owns 55,504 shares of the company’s stock worth $2,745,000 after buying an additional 341 shares during the last quarter. Sigma Planning Corp raised its stake in shares of PGIM Ultra Short Bond ETF by 2.9% in the third quarter. Sigma Planning Corp now owns 86,167 shares of the company’s stock valued at $4,262,000 after buying an additional 2,425 shares during the period. Financial Management Professionals Inc. purchased a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $50,482,000. Simplicity Wealth LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 206.4% during the 3rd quarter. Simplicity Wealth LLC now owns 92,059 shares of the company’s stock valued at $4,553,000 after buying an additional 62,017 shares during the last quarter. Finally, Sowell Financial Services LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 1,271.7% during the 3rd quarter. Sowell Financial Services LLC now owns 137,747 shares of the company’s stock valued at $6,813,000 after buying an additional 127,705 shares during the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

PULS stock opened at $49.59 on Tuesday. The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of -23.84 and a beta of 0.02. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.45 and a fifty-two week high of $49.83. The stock has a fifty day moving average of $49.58 and a 200-day moving average of $49.63.

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.