PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Hits New 1-Year High at $49.78

PGIM Ultra Short Bond ETF (NYSEARCA:PULS)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $49.78 and last traded at $49.76, with a volume of 107811 shares changing hands. The stock had previously closed at $49.77.

PGIM Ultra Short Bond ETF Stock Performance

The company’s 50-day moving average is $49.66 and its 200-day moving average is $49.62.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at $37,000. Concourse Financial Group Securities Inc. bought a new position in PGIM Ultra Short Bond ETF in the second quarter valued at approximately $45,000. Bogart Wealth LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 1st quarter worth $65,000. Scarborough Advisors LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $139,000. Finally, Centaurus Financial Inc. lifted its stake in shares of PGIM Ultra Short Bond ETF by 11.1% in the 4th quarter. Centaurus Financial Inc. now owns 3,038 shares of the company’s stock valued at $150,000 after purchasing an additional 303 shares during the period.

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.