ZEGA Investments LLC Purchases Shares of 51,023 PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

ZEGA Investments LLC purchased a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 51,023 shares of the company’s stock, valued at approximately $2,537,000. PGIM Ultra Short Bond ETF comprises 0.6% of ZEGA Investments LLC’s holdings, making the stock its 26th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. GPS Wealth Strategies Group LLC raised its stake 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 in the last quarter. Kovack Advisors Inc. boosted its position in shares of PGIM Ultra Short Bond ETF by 7.9% in the 4th quarter. Kovack Advisors Inc. now owns 4,524 shares of the company’s stock valued at $224,000 after purchasing an additional 333 shares during the period. Private Trust Co. NA grew its stake in PGIM Ultra Short Bond ETF by 0.9% during the 4th quarter. Private Trust Co. NA now owns 39,548 shares of the company’s stock worth $1,960,000 after buying an additional 334 shares during the last quarter. Steward Partners Investment Advisory LLC increased its position in PGIM Ultra Short Bond ETF by 3.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 12,844 shares of the company’s stock worth $636,000 after buying an additional 442 shares during the period. Finally, Systelligence LLC lifted its stake in PGIM Ultra Short Bond ETF by 3.2% in the fourth quarter. Systelligence LLC now owns 16,264 shares of the company’s stock valued at $806,000 after buying an additional 504 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.66 on Friday. The company’s 50 day simple moving average is $49.66 and its 200-day simple moving average is $49.66. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81.

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.