IFP Advisors Inc Lowers Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

IFP Advisors Inc reduced its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 37.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 45,886 shares of the company’s stock after selling 27,691 shares during the quarter. IFP Advisors Inc’s holdings in PGIM Ultra Short Bond ETF were worth $2,274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. GPS Wealth Strategies Group LLC grew its stake in PGIM Ultra Short Bond ETF by 39.2% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock valued at $41,000 after purchasing an additional 232 shares during the period. Comprehensive Financial Consultants Institutional Inc. grew its stake in PGIM Ultra Short Bond ETF by 4.3% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 6,658 shares of the company’s stock valued at $331,000 after purchasing an additional 276 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in PGIM Ultra Short Bond ETF by 1.4% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock valued at $1,823,000 after purchasing an additional 494 shares during the period. Americana Partners LLC grew its stake in PGIM Ultra Short Bond ETF by 0.8% in the 3rd quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock valued at $3,081,000 after purchasing an additional 502 shares during the period. Finally, Systelligence LLC grew its stake in PGIM Ultra Short Bond ETF by 3.2% in the 4th quarter. Systelligence LLC now owns 16,264 shares of the company’s stock valued at $806,000 after purchasing an additional 504 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.74 on Wednesday. The business has a fifty day moving average price of $49.66 and a two-hundred day moving average price of $49.67. PGIM Ultra Short Bond ETF has a 1 year low of $48.47 and a 1 year high of $49.81.

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.