Sanctuary Wealth Management L.L.C. Has $13 Million Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Sanctuary Wealth Management L.L.C. reduced its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 38.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 261,218 shares of the company’s stock after selling 160,865 shares during the period. PGIM Ultra Short Bond ETF makes up 9.3% of Sanctuary Wealth Management L.L.C.’s portfolio, making the stock its 4th largest holding. Sanctuary Wealth Management L.L.C. owned approximately 0.19% of PGIM Ultra Short Bond ETF worth $13,003,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Comprehensive Financial Consultants Institutional Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 4.3% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 6,658 shares of the company’s stock worth $331,000 after buying an additional 276 shares in the last quarter. Americana Partners LLC grew its position in PGIM Ultra Short Bond ETF by 0.8% in the third quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock worth $3,081,000 after acquiring an additional 502 shares in the last quarter. Diversify Advisory Services LLC increased its stake in PGIM Ultra Short Bond ETF by 0.8% during the second quarter. Diversify Advisory Services LLC now owns 60,994 shares of the company’s stock worth $3,023,000 after acquiring an additional 505 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in PGIM Ultra Short Bond ETF by 1.1% during the third quarter. Gladstone Institutional Advisory LLC now owns 48,387 shares of the company’s stock valued at $2,409,000 after purchasing an additional 548 shares during the period. Finally, 626 Financial LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 2.4% in the 3rd quarter. 626 Financial LLC now owns 24,589 shares of the company’s stock worth $1,224,000 after purchasing an additional 571 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS traded up $0.02 during midday trading on Friday, hitting $49.65. 1,179,920 shares of the company traded hands, compared to its average volume of 1,530,002. The firm’s fifty day moving average is $49.67 and its 200-day moving average is $49.64. 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.