PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Shares Sold by Avestar Capital LLC

Avestar Capital LLC lessened its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 29.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 103,624 shares of the company’s stock after selling 43,331 shares during the period. Avestar Capital LLC’s holdings in PGIM Ultra Short Bond ETF were worth $5,163,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of PGIM Ultra Short Bond ETF in the 3rd quarter valued at about $33,000. GPS Wealth Strategies Group LLC boosted its holdings in PGIM Ultra Short Bond ETF by 39.2% in 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 in the last quarter. Golden State Wealth Management LLC purchased a new position in PGIM Ultra Short Bond ETF in the fourth quarter valued at approximately $71,000. Hara Capital LLC acquired a new stake in PGIM Ultra Short Bond ETF during the third quarter worth approximately $101,000. Finally, New Wave Wealth Advisors LLC acquired a new stake in PGIM Ultra Short Bond ETF during the fourth quarter worth approximately $131,000.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.63 on Thursday. The company has a fifty day simple moving average of $49.65 and a 200-day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month 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.