Summit Global Investments Sells 11,656 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Summit Global Investments cut its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 3.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 335,673 shares of the company’s stock after selling 11,656 shares during the period. PGIM Ultra Short Bond ETF comprises approximately 1.1% of Summit Global Investments’ portfolio, making the stock its 16th biggest holding. Summit Global Investments’ holdings in PGIM Ultra Short Bond ETF were worth $16,683,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of PULS. Capital Analysts LLC purchased a new position in PGIM Ultra Short Bond ETF in the fourth quarter valued at approximately $69,000. J.W. Cole Advisors Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 41.9% during the fourth quarter. J.W. Cole Advisors Inc. now owns 52,336 shares of the company’s stock worth $2,585,000 after acquiring an additional 15,453 shares in the last quarter. CWM LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 43.0% during the fourth quarter. CWM LLC now owns 2,849 shares of the company’s stock worth $141,000 after acquiring an additional 856 shares in the last quarter. Masso Torrence Wealth Management Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the fourth quarter worth $1,155,000. Finally, IAG Wealth Partners LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 60.6% during the fourth quarter. IAG Wealth Partners LLC now owns 147,043 shares of the company’s stock worth $7,262,000 after acquiring an additional 55,491 shares in the last quarter.

PGIM Ultra Short Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:PULS traded up $0.03 during trading on Tuesday, hitting $49.68. 915,758 shares of the company were exchanged, compared to its average volume of 1,383,838. The stock has a 50 day moving average of $49.61 and a 200 day moving average of $49.60. PGIM Ultra Short Bond ETF has a 52-week low of $48.47 and a 52-week high of $49.75.

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.