Saxon Interests Inc. Buys New Shares in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Saxon Interests Inc. bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, Holdings Channel reports. The institutional investor bought 50,872 shares of the company’s stock, valued at approximately $2,513,000. PGIM Ultra Short Bond ETF accounts for approximately 1.3% of Saxon Interests Inc.’s investment portfolio, making the stock its 13th largest position.

A number of other institutional investors have also recently bought and sold shares of PULS. Sunbelt Securities Inc. bought a new position in PGIM Ultra Short Bond ETF in the second quarter worth $26,000. Tyler Stone Wealth Management purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 2nd quarter valued at about $30,000. Pinnacle Bancorp Inc. purchased a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth $46,000. BKM Wealth Management LLC acquired a new position in PGIM Ultra Short Bond ETF in the fourth quarter worth about $49,000. Finally, US Bancorp DE acquired a new position in PGIM Ultra Short Bond ETF in the second quarter worth approximately $75,000.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS traded up $0.02 on Friday, reaching $49.71. The stock had a trading volume of 1,354,395 shares, compared to its average volume of 1,230,790. PGIM Ultra Short Bond ETF has a 1-year low of $49.10 and a 1-year high of $49.71. The stock has a fifty day moving average price of $49.58 and a 200-day moving average price of $49.47.

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.