Mascoma Wealth Management LLC Takes $74,000 Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Mascoma Wealth Management LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 1,488 shares of the company’s stock, valued at approximately $74,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 4.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock valued at $1,259,904,000 after purchasing an additional 989,710 shares during the last quarter. LPL Financial LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 0.9% during the 3rd quarter. LPL Financial LLC now owns 6,156,917 shares of the company’s stock valued at $306,491,000 after purchasing an additional 56,803 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $175,082,000. Raymond James Financial Inc. bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at approximately $156,689,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 17.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,652,274 shares of the company’s stock valued at $131,420,000 after purchasing an additional 398,260 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.60 on Thursday. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81. The company’s 50 day moving average price is $49.66 and its two-hundred day moving average price is $49.67.

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.