IFG Advisory LLC Purchases 1,858 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

IFG Advisory LLC grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 8.0% in the fourth quarter, Holdings Channel reports. The fund owned 25,201 shares of the company’s stock after buying an additional 1,858 shares during the quarter. IFG Advisory LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of PGIM Ultra Short Bond ETF during the 2nd quarter valued at approximately $26,000. Tyler Stone Wealth Management purchased a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $30,000. Pinnacle Bancorp Inc. purchased a new stake in PGIM Ultra Short Bond ETF in the third quarter worth $46,000. BKM Wealth Management LLC purchased a new position in PGIM Ultra Short Bond ETF in the 4th quarter worth about $49,000. Finally, US Bancorp DE bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at about $75,000.

PGIM Ultra Short Bond ETF Price Performance

PGIM Ultra Short Bond ETF stock opened at $49.70 on Thursday. The firm has a 50-day moving average of $49.58 and a two-hundred day moving average of $49.47. PGIM Ultra Short Bond ETF has a 1 year low of $49.10 and a 1 year high of $49.71.

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.