Kovack Advisors Inc. Purchases Shares of 4,191 PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Kovack Advisors Inc. acquired a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 4,191 shares of the company’s stock, valued at approximately $209,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in PULS. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in PGIM Ultra Short Bond ETF in the 3rd quarter valued at $33,000. International Assets Investment Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at about $37,000. Concourse Financial Group Securities Inc. purchased a new position in PGIM Ultra Short Bond ETF during the second quarter worth about $45,000. Hara Capital LLC bought a new stake in PGIM Ultra Short Bond ETF in the 3rd quarter worth about $101,000. Finally, Opal Wealth Advisors LLC purchased a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter valued at about $198,000.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA PULS opened at $49.68 on Friday. The stock’s 50 day moving average price is $49.67 and its 200-day moving average price is $49.64. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month 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.