Cravens & Co Advisors LLC Sells 75,099 Shares of PGIM Ultra Short Bond ETF $PULS

Cravens & Co Advisors LLC trimmed its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 49.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,598 shares of the company’s stock after selling 75,099 shares during the quarter. PGIM Ultra Short Bond ETF makes up 2.5% of Cravens & Co Advisors LLC’s investment portfolio, making the stock its 11th largest position. Cravens & Co Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Sound Income Strategies LLC grew its position in 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 during the last quarter. Turim 21 Investimentos Ltda. bought a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter worth approximately $30,000. Rossby Financial LCC bought a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 394.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after buying an additional 513 shares during the last quarter. Finally, Kingdom Financial Group LLC. bought a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth approximately $32,000. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.57 on Wednesday. The firm has a market cap of $14.54 billion, a P/E ratio of -23.83 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. The business’s 50 day moving average price is $49.63 and its 200-day moving average price is $49.67.

About PGIM Ultra Short Bond ETF

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.