PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lowered its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 42.1% in the second quarter, HoldingsChannel.com reports. The fund owned 5,914 shares of the company’s stock after selling 4,292 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $294,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. LPL Financial LLC lifted its holdings in PGIM Ultra Short Bond ETF by 22.5% in the 2nd quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock valued at $303,176,000 after purchasing an additional 1,122,069 shares in the last quarter. Norden Group LLC boosted its position in PGIM Ultra Short Bond ETF by 6,082.2% during the first quarter. Norden Group LLC now owns 3,152,844 shares of the company’s stock worth $156,697,000 after acquiring an additional 3,101,845 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in PGIM Ultra Short Bond ETF by 8.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,740,233 shares of the company’s stock worth $86,490,000 after acquiring an additional 130,567 shares during the period. Janney Montgomery Scott LLC raised its holdings in PGIM Ultra Short Bond ETF by 42.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,099,975 shares of the company’s stock valued at $54,669,000 after acquiring an additional 327,895 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in PGIM Ultra Short Bond ETF by 19.6% in the 1st quarter. Osaic Holdings Inc. now owns 1,066,929 shares of the company’s stock valued at $53,029,000 after acquiring an additional 174,494 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

PULS stock opened at $49.62 on Wednesday. The stock’s fifty day simple moving average is $49.65 and its 200-day simple moving average is $49.63. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.81.

PGIM Ultra Short Bond ETF 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.