PGIM Ultra Short Bond ETF $PULS Shares Sold by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC lowered its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 38.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,640 shares of the company’s stock after selling 2,875 shares during the quarter. Clear Creek Financial Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ignite Planners LLC raised its holdings in PGIM Ultra Short Bond ETF by 4.7% during the second quarter. Ignite Planners LLC now owns 83,354 shares of the company’s stock worth $4,143,000 after purchasing an additional 3,748 shares in the last quarter. Valmark Advisers Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF in the 2nd quarter valued at $2,389,000. 1 North Wealth Services LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 3.6% in the 2nd quarter. 1 North Wealth Services LLC now owns 251,333 shares of the company’s stock valued at $12,506,000 after acquiring an additional 8,797 shares during the period. Friedenthal Financial acquired a new position in shares of PGIM Ultra Short Bond ETF in the 2nd quarter valued at $902,000. Finally, Belpointe Asset Management LLC increased its holdings 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 valued at $9,379,000 after acquiring an additional 29,209 shares during the period. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.71 on Friday. The firm’s fifty day simple moving average is $49.72 and its 200-day simple moving average is $49.65. The stock has a market capitalization of $12.64 billion, a price-to-earnings ratio of -23.90 and a beta of 0.04. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84.

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.