Armor Investment Advisors LLC Lowers Holdings in PGIM Ultra Short Bond ETF $PULS

Armor Investment Advisors LLC lessened its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 85.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,649 shares of the company’s stock after selling 37,621 shares during the quarter. Armor Investment Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $330,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Diversify Advisory Services LLC grew its position in PGIM Ultra Short Bond ETF by 19.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock valued at $7,595,000 after acquiring an additional 25,105 shares in the last quarter. Seed Wealth Management Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 297.1% during the fourth quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after buying an additional 74,905 shares in the last quarter. Aptus Capital Advisors LLC grew its position in shares of PGIM Ultra Short Bond ETF by 6.2% during the third quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock worth $28,738,000 after buying an additional 33,902 shares in the last quarter. BlueStem Wealth Partners LLC grew its position in shares of PGIM Ultra Short Bond ETF by 19.5% during the third quarter. BlueStem Wealth Partners LLC now owns 105,778 shares of the company’s stock worth $5,271,000 after buying an additional 17,289 shares in the last quarter. Finally, Embree Financial Group grew its position in shares of PGIM Ultra Short Bond ETF by 85.1% during the fourth quarter. Embree Financial Group now owns 442,084 shares of the company’s stock worth $21,923,000 after buying an additional 203,209 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.63 on Monday. PGIM Ultra Short Bond ETF has a one year low of $49.50 and a one year high of $49.84. The company has a market cap of $14.56 billion, a PE ratio of -23.86 and a beta of 0.02. The business has a 50-day simple moving average of $49.62 and a 200-day simple moving average of $49.68.

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.