Retirement Planning Group LLC Sells 27,316 Shares of PGIM Ultra Short Bond ETF $PULS

Retirement Planning Group LLC decreased its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 74.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,335 shares of the company’s stock after selling 27,316 shares during the quarter. Retirement Planning Group LLC’s holdings in PGIM Ultra Short Bond ETF were worth $462,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Focus Partners Wealth lifted its position in PGIM Ultra Short Bond ETF by 318.3% in the first quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock worth $1,137,000 after buying an additional 17,394 shares during the last quarter. Flow Traders U.S. LLC bought a new position in PGIM Ultra Short Bond ETF during the second quarter valued at $330,000. Cerity Partners LLC bought a new position in PGIM Ultra Short Bond ETF during the second quarter valued at $273,000. Betterment LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 5.2% in the second quarter. Betterment LLC now owns 32,714 shares of the company’s stock valued at $1,628,000 after acquiring an additional 1,628 shares during the period. Finally, Transamerica Financial Advisors LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 6.1% in the second quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock valued at $2,748,000 after acquiring an additional 3,157 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PGIM Ultra Short Bond ETF stock opened at $49.62 on Thursday. The firm has a 50-day moving average price of $49.62 and a 200-day moving average price of $49.65. The firm has a market capitalization of $17.39 billion, a PE ratio of -23.86 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84.

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.