Leisure Capital Management Purchases New Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Leisure Capital Management purchased a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 84,612 shares of the company’s stock, valued at approximately $4,212,000. PGIM Ultra Short Bond ETF makes up 1.8% of Leisure Capital Management’s investment portfolio, making the stock its 9th biggest position. Leisure Capital Management owned 0.06% of PGIM Ultra Short Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Norden Group LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 6,082.2% in the first quarter. Norden Group LLC now owns 3,152,844 shares of the company’s stock worth $156,697,000 after buying an additional 3,101,845 shares during the period. LPL Financial LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 22.5% during the 2nd quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock valued at $303,176,000 after acquiring an additional 1,122,069 shares during the period. Cetera Investment Advisers lifted its stake in shares of PGIM Ultra Short Bond ETF by 892.0% during the 1st quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock valued at $30,008,000 after buying an additional 542,915 shares in the last quarter. Point72 Italy S.r.l. bought a new position in PGIM Ultra Short Bond ETF during the second quarter valued at $25,128,000. Finally, Envestnet Asset Management Inc. raised its holdings in PGIM Ultra Short Bond ETF by 102.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 826,149 shares of the company’s stock valued at $41,060,000 after buying an additional 417,210 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS traded up $0.02 during trading on Wednesday, reaching $49.69. 260,704 shares of the company were exchanged, compared to its average volume of 1,509,759. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81. The business’s fifty day simple moving average is $49.66 and its 200-day simple moving average is $49.63.

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.