Oppenheimer & Co. Inc. Sells 12,278 Shares of PGIM Ultra Short Bond ETF $PULS

Oppenheimer & Co. Inc. trimmed its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 3.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 323,728 shares of the company’s stock after selling 12,278 shares during the period. Oppenheimer & Co. Inc. owned about 0.08% of PGIM Ultra Short Bond ETF worth $16,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Cetera Investment Advisers increased its position in shares of PGIM Ultra Short Bond ETF by 56.7% during the first quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after acquiring an additional 1,715,376 shares during the period. Kensington Asset Management LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 103.2% during the first quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock valued at $159,726,000 after acquiring an additional 1,638,630 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF in the third quarter valued at approximately $50,482,000. PNC Financial Services Group Inc. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 22.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after purchasing an additional 918,258 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 56.8% in the second quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock valued at $101,561,000 after purchasing an additional 742,333 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of NYSEARCA:PULS opened at $49.59 on Tuesday. PGIM Ultra Short Bond ETF has a 52-week low of $49.45 and a 52-week high of $49.83. The stock has a market cap of $19.81 billion, a P/E ratio of -23.84 and a beta of 0.02. The business’s 50 day moving average is $49.58 and its 200 day moving average is $49.63.

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