KWB Wealth Sells 995 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

KWB Wealth trimmed its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,187 shares of the company’s stock after selling 995 shares during the quarter. KWB Wealth’s holdings in PGIM Ultra Short Bond ETF were worth $308,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PULS. Bank of New York Mellon Corp boosted its position in shares of PGIM Ultra Short Bond ETF by 500.1% in the second quarter. Bank of New York Mellon Corp now owns 28,446 shares of the company’s stock valued at $1,414,000 after acquiring an additional 23,706 shares during the period. Thoroughbred Financial Services LLC bought a new stake in shares of PGIM Ultra Short Bond ETF in the second quarter valued at about $310,000. Envestnet Asset Management Inc. boosted its position in shares of PGIM Ultra Short Bond ETF by 102.0% in the second quarter. Envestnet Asset Management Inc. now owns 826,149 shares of the company’s stock valued at $41,060,000 after acquiring an additional 417,210 shares during the period. Excalibur Management Corp boosted its position in shares of PGIM Ultra Short Bond ETF by 10.9% in the second quarter. Excalibur Management Corp now owns 5,887 shares of the company’s stock valued at $293,000 after acquiring an additional 578 shares during the period. Finally, Perennial Investment Advisors LLC bought a new stake in shares of PGIM Ultra Short Bond ETF in the second quarter valued at about $232,000.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.64 on Wednesday. The firm has a 50-day moving average of $49.66 and a 200-day moving average of $49.65. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-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.