Sanctuary Advisors LLC Sells 17,207 Shares of PGIM Ultra Short Bond ETF $PULS

Sanctuary Advisors LLC trimmed its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 11.2% during the first quarter, Holdings Channel.com reports. The fund owned 136,530 shares of the company’s stock after selling 17,207 shares during the quarter. Sanctuary Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,758,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in PGIM Ultra Short Bond ETF by 4.3% in the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares during the last quarter. Morgan Stanley lifted its holdings in PGIM Ultra Short Bond ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 16,551,738 shares of the company’s stock valued at $820,801,000 after purchasing an additional 203,799 shares during the last quarter. LPL Financial LLC boosted its holdings in PGIM Ultra Short Bond ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after buying an additional 869,510 shares during the period. Bank of America Corp DE boosted its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% in the third quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock worth $555,066,000 after acquiring an additional 215,246 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in PGIM Ultra Short Bond ETF by 4.8% in the 4th quarter. Wells Fargo & Company MN now owns 7,774,354 shares of the company’s stock worth $385,530,000 after purchasing an additional 356,553 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS stock opened at $49.64 on Friday. The firm has a 50 day moving average of $49.63 and a 200-day moving average of $49.65. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84. The firm has a market capitalization of $17.39 billion, a P/E ratio of -23.87 and a beta of 0.02.

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.