Financial Advocates Investment Management Sells 5,215 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Financial Advocates Investment Management cut its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 17.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 24,055 shares of the company’s stock after selling 5,215 shares during the period. Financial Advocates Investment Management’s holdings in PGIM Ultra Short Bond ETF were worth $1,192,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in PULS. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at approximately $33,000. GPS Wealth Strategies Group LLC grew its holdings in PGIM Ultra Short Bond ETF by 39.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock worth $41,000 after acquiring an additional 232 shares during the last quarter. Hara Capital LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at $101,000. New Wave Wealth Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the fourth quarter valued at $131,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF during the third quarter worth $152,000.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS opened at $49.60 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.81. The stock has a fifty day simple moving average of $49.66 and a 200 day simple moving average of $49.66.

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.