NewEdge Wealth LLC Sells 249,490 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

NewEdge Wealth LLC decreased its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 73.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,992 shares of the company’s stock after selling 249,490 shares during the period. NewEdge Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,360,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its holdings in shares of PGIM Ultra Short Bond ETF by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock worth $1,259,904,000 after buying an additional 989,710 shares during the last quarter. LPL Financial LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 0.9% in the 3rd quarter. LPL Financial LLC now owns 6,156,917 shares of the company’s stock worth $306,491,000 after buying an additional 56,803 shares during the last quarter. Crane Advisory LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 28.0% during the 4th quarter. Crane Advisory LLC now owns 1,802,695 shares of the company’s stock valued at $89,378,000 after purchasing an additional 393,901 shares during the last quarter. Temasek Holdings Private Ltd bought a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $50,039,000. Finally, Stifel Financial Corp grew its holdings in shares of PGIM Ultra Short Bond ETF by 11.3% during the 3rd quarter. Stifel Financial Corp now owns 813,246 shares of the company’s stock valued at $40,483,000 after purchasing an additional 82,621 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

PULS stock opened at $49.74 on Friday. PGIM Ultra Short Bond ETF has a 52 week low of $48.47 and a 52 week high of $49.81. The firm’s fifty day moving average is $49.66 and its 200 day moving average is $49.67.

PGIM Ultra Short Bond ETF Company 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.