Traders Buy Large Volume of PGIM Ultra Short Bond ETF Call Options (NYSEARCA:PULS)

PGIM Ultra Short Bond ETF (NYSEARCA:PULS) was the target of some unusual options trading activity on Tuesday. Stock traders purchased 23,552 call options on the stock. This is an increase of approximately 2,355,100% compared to the typical volume of 1 call options.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cyr Financial Inc. acquired a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at $417,000. CWM LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 195.5% during the 2nd quarter. CWM LLC now owns 32,375 shares of the company’s stock worth $1,609,000 after purchasing an additional 21,419 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the 2nd quarter worth about $254,000. EverSource Wealth Advisors LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 8.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 7,295 shares of the company’s stock worth $363,000 after purchasing an additional 582 shares during the last quarter. Finally, Cetera Advisor Networks LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 4.0% during the 1st quarter. Cetera Advisor Networks LLC now owns 433,524 shares of the company’s stock worth $21,546,000 after purchasing an additional 16,744 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of PULS opened at $49.56 on Thursday. The company has a 50-day simple moving average of $49.61 and a 200-day simple moving average of $49.58. PGIM Ultra Short Bond ETF has a 52 week low of $48.47 and a 52 week high of $49.75.

PGIM Ultra Short Bond ETF Company 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.