Fairvoy Private Wealth LLC Makes New $12.32 Million Investment in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Fairvoy Private Wealth LLC bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 248,656 shares of the company’s stock, valued at approximately $12,321,000. PGIM Ultra Short Bond ETF makes up 3.3% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors also recently modified their holdings of PULS. Daymark Wealth Partners LLC grew its position in shares of PGIM Ultra Short Bond ETF by 24.9% during the 3rd quarter. Daymark Wealth Partners LLC now owns 27,379 shares of the company’s stock worth $1,363,000 after buying an additional 5,450 shares during the period. CWM LLC grew its position in shares of PGIM Ultra Short Bond ETF by 3.1% during the 3rd quarter. CWM LLC now owns 33,366 shares of the company’s stock worth $1,661,000 after buying an additional 991 shares during the period. Fermata Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF in the 3rd quarter valued at approximately $365,000. Lion Street Advisors LLC grew its position in shares of PGIM Ultra Short Bond ETF by 32.3% in the 3rd quarter. Lion Street Advisors LLC now owns 80,558 shares of the company’s stock valued at $4,010,000 after purchasing an additional 19,682 shares during the period. Finally, Koshinski Asset Management Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 5.3% in the 3rd quarter. Koshinski Asset Management Inc. now owns 20,941 shares of the company’s stock valued at $1,042,000 after purchasing an additional 1,049 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.60 on Friday. The stock has a 50 day simple moving average of $49.66 and a 200 day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week 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.