HighTower Advisors LLC Increases Stock Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

HighTower Advisors LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 207.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,764 shares of the company’s stock after buying an additional 72,039 shares during the quarter. HighTower Advisors LLC owned approximately 0.08% of PGIM Ultra Short Bond ETF worth $5,290,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Independent Advisor Alliance bought a new stake in PGIM Ultra Short Bond ETF during the 4th quarter valued at $6,968,000. Simplicity Wealth LLC boosted its position in PGIM Ultra Short Bond ETF by 149.5% during the fourth quarter. Simplicity Wealth LLC now owns 10,762 shares of the company’s stock valued at $533,000 after purchasing an additional 6,449 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in PGIM Ultra Short Bond ETF by 17.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,652,274 shares of the company’s stock valued at $131,420,000 after purchasing an additional 398,260 shares during the last quarter. Aviance Capital Partners LLC raised its holdings in PGIM Ultra Short Bond ETF by 31.5% in the fourth quarter. Aviance Capital Partners LLC now owns 44,808 shares of the company’s stock worth $2,220,000 after purchasing an additional 10,734 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 8.0% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 320,201 shares of the company’s stock valued at $15,944,000 after buying an additional 23,756 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.66 on Thursday. The company’s 50-day simple moving average is $49.66 and its 200-day simple moving average is $49.67. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81.

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.