PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Sees Large Volume Increase – Here’s What Happened

PGIM Ultra Short Bond ETF (NYSEARCA:PULS) saw strong trading volume on Monday . 6,124,766 shares were traded during mid-day trading, an increase of 217% from the previous session’s volume of 1,930,321 shares.The stock last traded at $49.47 and had previously closed at $49.53.

PGIM Ultra Short Bond ETF Trading Down 0.2 %

The firm has a fifty day moving average price of $49.65 and a two-hundred day moving average price of $49.66.

Institutional Trading of PGIM Ultra Short Bond ETF

Institutional investors have recently made changes to their positions in the stock. GPS Wealth Strategies Group LLC lifted its position in PGIM Ultra Short Bond ETF by 39.2% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock valued at $41,000 after purchasing an additional 232 shares during the period. Blue Trust Inc. bought a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $46,000. Kestra Investment Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $50,000. Bank of Jackson Hole Trust purchased a new position in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth $53,000. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 101.0% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 1,250 shares of the company’s stock worth $62,000 after acquiring an additional 628 shares during the period.

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.