PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Stock Position Trimmed by Navis Wealth Advisors LLC

Navis Wealth Advisors LLC lowered its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 25.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,673 shares of the company’s stock after selling 14,894 shares during the period. PGIM Ultra Short Bond ETF comprises 2.4% of Navis Wealth Advisors LLC’s holdings, making the stock its 7th largest position. Navis Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $2,164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Comprehensive Financial Consultants Institutional Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 4.3% in the third quarter. Comprehensive Financial Consultants Institutional Inc. now owns 6,658 shares of the company’s stock valued at $331,000 after buying an additional 276 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of PGIM Ultra Short Bond ETF by 1.4% in the third quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock valued at $1,823,000 after buying an additional 494 shares during the period. Americana Partners LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 0.8% in the third quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock valued at $3,081,000 after buying an additional 502 shares during the period. Gladstone Institutional Advisory LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 1.1% in the third quarter. Gladstone Institutional Advisory LLC now owns 48,387 shares of the company’s stock valued at $2,409,000 after buying an additional 548 shares during the period. Finally, 626 Financial LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 2.4% in the third quarter. 626 Financial LLC now owns 24,589 shares of the company’s stock valued at $1,224,000 after buying an additional 571 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.73 on Friday. The stock’s fifty day moving average price is $49.67 and its two-hundred day moving average price is $49.66. PGIM Ultra Short Bond ETF has a 1 year low of $48.47 and a 1 year high of $49.81.

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.