Western Wealth Management LLC Makes New Investment in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Western Wealth Management LLC acquired a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,640 shares of the company’s stock, valued at approximately $429,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norden Group LLC boosted its position in PGIM Ultra Short Bond ETF by 6,082.2% in the 1st quarter. Norden Group LLC now owns 3,152,844 shares of the company’s stock valued at $156,697,000 after buying an additional 3,101,845 shares during the period. Cetera Investment Advisers boosted its holdings in PGIM Ultra Short Bond ETF by 892.0% in the first quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock valued at $30,008,000 after purchasing an additional 542,915 shares during the period. Wells Fargo & Company MN grew its stake in PGIM Ultra Short Bond ETF by 17.1% during the 4th quarter. Wells Fargo & Company MN now owns 3,706,189 shares of the company’s stock worth $183,049,000 after purchasing an additional 542,492 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in PGIM Ultra Short Bond ETF by 42.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,099,975 shares of the company’s stock worth $54,669,000 after purchasing an additional 327,895 shares during the period. Finally, Buck Wealth Strategies LLC raised its position in PGIM Ultra Short Bond ETF by 221.8% in the 1st quarter. Buck Wealth Strategies LLC now owns 464,971 shares of the company’s stock valued at $23,109,000 after purchasing an additional 320,464 shares in the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS remained flat at $49.64 during midday trading on Monday. The stock had a trading volume of 763,326 shares, compared to its average volume of 1,378,509. The company has a 50-day moving average price of $49.61 and a 200-day moving average price of $49.60. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.75.

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.