Sheets Smith Wealth Management Boosts Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Sheets Smith Wealth Management boosted its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,902 shares of the company’s stock after buying an additional 1,684 shares during the quarter. Sheets Smith Wealth Management owned approximately 0.06% of PGIM Ultra Short Bond ETF worth $3,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of PULS. Temasek Holdings Private Ltd purchased a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at approximately $50,039,000. JPMorgan Chase & Co. lifted its position in shares of PGIM Ultra Short Bond ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock worth $1,259,904,000 after purchasing an additional 989,710 shares during the period. Flagship Harbor Advisors LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at approximately $33,543,000. Cetera Investment Advisers raised its stake in PGIM Ultra Short Bond ETF by 84.1% during the second quarter. Cetera Investment Advisers now owns 1,111,646 shares of the company’s stock valued at $55,249,000 after buying an additional 507,868 shares during the last quarter. Finally, Point72 Italy S.r.l. purchased a new position in PGIM Ultra Short Bond ETF in the second quarter worth about $25,128,000.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:PULS opened at $49.69 on Wednesday. PGIM Ultra Short Bond ETF has a 1 year low of $48.47 and a 1 year high of $49.81. The stock’s fifty day moving average price is $49.66 and its 200-day moving average price is $49.66.

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.