Kingswood Wealth Advisors LLC Trims Position in PGIM Ultra Short Bond ETF $PULS

Kingswood Wealth Advisors LLC trimmed its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,999 shares of the company’s stock after selling 9,388 shares during the period. Kingswood Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,384,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Belpointe Asset Management LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 18.3% in the 2nd quarter. Belpointe Asset Management LLC now owns 188,479 shares of the company’s stock worth $9,379,000 after purchasing an additional 29,209 shares during the period. Innovative Wealth Building LLC increased its holdings in PGIM Ultra Short Bond ETF by 124.4% during the second quarter. Innovative Wealth Building LLC now owns 126,935 shares of the company’s stock valued at $6,316,000 after buying an additional 70,359 shares during the last quarter. Realta Investment Advisors increased its holdings in PGIM Ultra Short Bond ETF by 18.0% during the second quarter. Realta Investment Advisors now owns 11,167 shares of the company’s stock valued at $556,000 after buying an additional 1,701 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in PGIM Ultra Short Bond ETF by 4.4% in the second quarter. Wealthcare Advisory Partners LLC now owns 240,816 shares of the company’s stock worth $11,983,000 after acquiring an additional 10,134 shares during the period. Finally, Fairvoy Private Wealth LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 1.4% during the 2nd quarter. Fairvoy Private Wealth LLC now owns 314,337 shares of the company’s stock worth $15,641,000 after acquiring an additional 4,334 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.67 on Tuesday. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The business has a fifty day moving average price of $49.73 and a 200-day moving average price of $49.65. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of -23.88 and a beta of 0.04.

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.