World Equity Group Inc. Sells 2,334 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

World Equity Group Inc. trimmed its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 27.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 6,322 shares of the company’s stock after selling 2,334 shares during the period. World Equity Group Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in 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. Flagship Harbor Advisors LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter worth about $33,543,000. Cetera Investment Advisers boosted its stake in PGIM Ultra Short Bond ETF by 892.0% in the 1st quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock worth $30,008,000 after purchasing an additional 542,915 shares during the period. Point72 Italy S.r.l. purchased a new position in PGIM Ultra Short Bond ETF during the 2nd quarter valued at about $25,128,000. Finally, Envestnet Asset Management Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 102.0% during the second 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 Price Performance

Shares of NYSEARCA:PULS opened at $49.58 on Tuesday. The firm has a fifty day moving average price of $49.68 and a two-hundred day moving average price of $49.64. PGIM Ultra Short Bond ETF has a one year low of $48.47 and a one year 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.