Strategic Financial Concepts LLC Takes $4.54 Million Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Strategic Financial Concepts LLC bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 91,514 shares of the company’s stock, valued at approximately $4,535,000.

Several other hedge funds have also recently added to or reduced their stakes in PULS. Main Street Financial Solutions LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 87.1% during the 3rd 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 in the last quarter. First United Bank & Trust boosted its holdings in PGIM Ultra Short Bond ETF by 7.9% in the third quarter. First United Bank & Trust now owns 31,127 shares of the company’s stock valued at $1,550,000 after purchasing an additional 2,287 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in PGIM Ultra Short Bond ETF by 42.3% in the third quarter. Rockefeller Capital Management L.P. now owns 49,638 shares of the company’s stock valued at $2,471,000 after purchasing an additional 14,758 shares during the last quarter. Advisory Resource Group raised its holdings in PGIM Ultra Short Bond ETF by 5.8% during the third quarter. Advisory Resource Group now owns 102,375 shares of the company’s stock worth $5,096,000 after purchasing an additional 5,617 shares in the last quarter. Finally, RFG Advisory LLC raised its holdings in PGIM Ultra Short Bond ETF by 9.1% during the third quarter. RFG Advisory LLC now owns 121,476 shares of the company’s stock worth $6,047,000 after purchasing an additional 10,136 shares in the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.60 on Monday. The company has a fifty day simple moving average of $49.65 and a 200-day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81.

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.