Sheets Smith Wealth Management Has $3.31 Million Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Sheets Smith Wealth Management lessened its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 66,960 shares of the company’s stock after selling 1,330 shares during the period. Sheets Smith Wealth Management owned approximately 0.07% of PGIM Ultra Short Bond ETF worth $3,307,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in PULS. Raymond James & Associates raised its stake in PGIM Ultra Short Bond ETF by 9.8% during the 3rd quarter. Raymond James & Associates now owns 550,030 shares of the company’s stock valued at $27,221,000 after purchasing an additional 49,208 shares during the last quarter. Independent Advisor Alliance increased its stake in PGIM Ultra Short Bond ETF by 100.4% during the third quarter. Independent Advisor Alliance now owns 10,716 shares of the company’s stock valued at $530,000 after acquiring an additional 5,368 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter valued at approximately $1,294,000. Waldron Private Wealth LLC acquired a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at $344,000. Finally, Inspire Advisors LLC bought a new position in PGIM Ultra Short Bond ETF in the third quarter worth $9,417,000.

PGIM Ultra Short Bond ETF Stock Up 0.1 %

PULS traded up $0.03 during trading on Friday, reaching $49.54. 1,241,432 shares of the company’s stock were exchanged, compared to its average volume of 1,285,010. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.13 and a fifty-two week high of $49.71. The business has a 50 day moving average price of $49.59 and a 200 day moving average price of $49.51.

PGIM Ultra Short Bond ETF Increases Dividend

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

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.