PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC trimmed its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,045 shares of the company’s stock after selling 17,173 shares during the quarter. Townsquare Capital LLC owned 0.05% of PGIM Ultra Short Bond ETF worth $5,970,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC grew its stake in PGIM Ultra Short Bond ETF by 437.7% during the 1st quarter. Golden State Wealth Management LLC now owns 7,679 shares of the company’s stock worth $382,000 after purchasing an additional 6,251 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 15.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 132,923 shares of the company’s stock worth $6,610,000 after acquiring an additional 17,715 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of PGIM Ultra Short Bond ETF by 29.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 745,222 shares of the company’s stock worth $37,060,000 after acquiring an additional 169,348 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 52.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 271,150 shares of the company’s stock valued at $13,484,000 after acquiring an additional 93,244 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of PGIM Ultra Short Bond ETF by 27.5% during the 4th quarter. Ameriprise Financial Inc. now owns 101,537 shares of the company’s stock worth $5,031,000 after acquiring an additional 21,907 shares in the last quarter. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock opened at $49.66 on Friday. The business has a 50 day moving average price of $49.66 and a 200 day moving average price of $49.63. The stock has a market cap of $11.85 billion, a price-to-earnings ratio of -23.88 and a beta of 0.04. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.34 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.