IFG Advisory LLC Cuts Stock Position in PGIM Ultra Short Bond ETF $PULS

IFG Advisory LLC lessened its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 175,757 shares of the company’s stock after selling 10,318 shares during the quarter. IFG Advisory LLC owned approximately 0.07% of PGIM Ultra Short Bond ETF worth $8,716,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of PULS. Sound Income Strategies LLC increased its holdings in PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after purchasing an additional 525 shares during the period. Turim 21 Investimentos Ltda. purchased a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter worth about $30,000. Rossby Financial LCC purchased a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. purchased a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth about $32,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA PULS opened at $49.71 on Thursday. The stock’s 50-day moving average is $49.63 and its two-hundred day moving average is $49.67. PGIM Ultra Short Bond ETF has a 1-year low of $49.50 and a 1-year high of $49.84. The company has a market cap of $14.58 billion, a price-to-earnings ratio of -23.90 and a beta of 0.02.

About PGIM Ultra Short Bond ETF

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.