Transform Wealth LLC Decreases Holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Transform Wealth LLC trimmed its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 90.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,620 shares of the company’s stock after selling 69,416 shares during the period. Transform Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $379,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of PULS. Cary Street Partners Investment Advisory LLC purchased a new position in shares of PGIM Ultra Short Bond ETF in the third quarter worth $134,000. Gallagher Fiduciary Advisors LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter worth about $269,000. Lakeshore Financial Planning Inc. purchased a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $4,269,000. JPMorgan Chase & Co. increased its holdings in shares of PGIM Ultra Short Bond ETF by 3.8% in the third quarter. JPMorgan Chase & Co. now owns 22,692,887 shares of the company’s stock valued at $1,123,071,000 after purchasing an additional 829,290 shares during the period. Finally, Royal Bank of Canada raised its stake in shares of PGIM Ultra Short Bond ETF by 2.8% in the third quarter. Royal Bank of Canada now owns 2,035,695 shares of the company’s stock worth $100,747,000 after purchasing an additional 56,284 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA PULS traded up $0.02 during trading hours on Thursday, reaching $49.70. The stock had a trading volume of 942,171 shares, compared to its average volume of 1,299,938. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.75. The stock has a fifty day moving average of $49.63 and a 200 day moving average of $49.57.

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.