PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Sees Large Volume Increase

Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) saw unusually-high trading volume on Monday . Approximately 1,411,505 shares changed hands during trading, an increase of 3% from the previous session’s volume of 1,370,107 shares.The stock last traded at $49.58 and had previously closed at $49.56.

PGIM Ultra Short Bond ETF Trading Up 0.0 %

The business’s 50 day simple moving average is $49.61 and its 200 day simple moving average is $49.60.

Institutional Trading of PGIM Ultra Short Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. TD Capital Management LLC purchased a new stake in PGIM Ultra Short Bond ETF in the 4th quarter worth $26,000. International Assets Investment Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the second quarter worth about $37,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter worth about $45,000. Macroview Investment Management LLC bought a new stake in PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $49,000. Finally, Principal Securities Inc. bought a new stake in PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $51,000.

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.