PGIM Ultra Short Bond ETF (NYSEARCA:PULS) is Founders Financial Alliance LLC’s 5th Largest Position

Founders Financial Alliance LLC lowered its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,545 shares of the company’s stock after selling 2,762 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 2.1% of Founders Financial Alliance LLC’s holdings, making the stock its 5th biggest holding. Founders Financial Alliance LLC owned about 0.11% of PGIM Ultra Short Bond ETF worth $7,658,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Main Street Financial Solutions LLC lifted its stake in PGIM Ultra Short Bond ETF by 87.1% in the third quarter. Main Street Financial Solutions LLC now owns 54,087 shares of the company’s stock worth $2,692,000 after acquiring an additional 25,184 shares during the last quarter. D.A. Davidson & CO. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $270,000. Blue Trust Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $46,000. Rockefeller Capital Management L.P. lifted its position in shares of PGIM Ultra Short Bond ETF by 42.3% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 49,638 shares of the company’s stock worth $2,471,000 after buying an additional 14,758 shares during the last quarter. Finally, Advisory Resource Group lifted its position in shares of PGIM Ultra Short Bond ETF by 5.8% during the 3rd quarter. Advisory Resource Group now owns 102,375 shares of the company’s stock worth $5,096,000 after buying an additional 5,617 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.62 on Tuesday. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.81. The firm has a 50 day simple moving average of $49.65 and a 200-day simple moving average of $49.67.

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.