Advisory Resource Group Has $7.48 Million Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Advisory Resource Group increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 47.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 150,877 shares of the company’s stock after buying an additional 48,502 shares during the period. PGIM Ultra Short Bond ETF accounts for 1.6% of Advisory Resource Group’s portfolio, making the stock its 12th largest holding. Advisory Resource Group owned 0.11% of PGIM Ultra Short Bond ETF worth $7,476,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in PGIM Ultra Short Bond ETF during the third quarter valued at approximately $33,000. GPS Wealth Strategies Group LLC grew its holdings in PGIM Ultra Short Bond ETF by 39.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock valued at $41,000 after purchasing an additional 232 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in PGIM Ultra Short Bond ETF during the fourth quarter valued at approximately $71,000. Hara Capital LLC acquired a new position in PGIM Ultra Short Bond ETF during the third quarter valued at approximately $101,000. Finally, New Wave Wealth Advisors LLC acquired a new position in PGIM Ultra Short Bond ETF during the fourth quarter valued at approximately $131,000.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.60 on Friday. PGIM Ultra Short Bond ETF has a 12 month low of $48.47 and a 12 month high of $49.81. The business’s 50 day moving average is $49.65 and its two-hundred day moving average is $49.66.

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.