IFG Advisory LLC Cuts Holdings in PGIM Ultra Short Bond ETF $PULS

IFG Advisory LLC decreased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 175,757 shares of the company’s stock after selling 10,318 shares during the quarter. IFG Advisory LLC’s holdings in PGIM Ultra Short Bond ETF were worth $8,716,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PULS. Sound Income Strategies LLC raised its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after acquiring an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter worth approximately $30,000. Rossby Financial LCC purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in PGIM Ultra Short Bond ETF by 394.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares during the last quarter. Finally, Kingdom Financial Group LLC. purchased a new stake in PGIM Ultra Short Bond ETF during the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock opened at $49.71 on Thursday. The business has a 50 day moving average price of $49.63 and a 200 day moving average price of $49.67. The stock has a market cap of $14.58 billion, a price-to-earnings ratio of -23.90 and a beta of 0.02. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.