Raymond James Financial Inc. Buys Shares of 3,162,246 PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Raymond James Financial Inc. bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 3,162,246 shares of the company’s stock, valued at approximately $156,689,000.

Several other institutional investors also recently modified their holdings of PULS. Charles Schwab Investment Management Inc. acquired a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth $175,082,000. Temasek Holdings Private Ltd bought a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $50,039,000. JPMorgan Chase & Co. grew its position 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 valued at $1,259,904,000 after purchasing an additional 989,710 shares during the period. Crane Advisory LLC increased its stake in 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 worth $89,378,000 after purchasing an additional 393,901 shares in the last quarter. Finally, Crewe Advisors LLC increased its stake in PGIM Ultra Short Bond ETF by 459.7% during the 4th quarter. Crewe Advisors LLC now owns 389,686 shares of the company’s stock worth $19,309,000 after purchasing an additional 320,060 shares in the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS opened at $49.60 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.81. The firm’s 50 day moving average price is $49.65 and its two-hundred day moving average price 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.