PGIM Ultra Short Bond ETF $PULS Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC reduced its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.5% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 35,819 shares of the company’s stock after selling 7,059 shares during the quarter. Interchange Capital Partners LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,782,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Larson Financial Group LLC increased its stake in PGIM Ultra Short Bond ETF by 1,663.9% in the 1st quarter. Larson Financial Group LLC now owns 1,076 shares of the company’s stock valued at $54,000 after buying an additional 1,015 shares during the period. Transce3nd LLC acquired a new position in PGIM Ultra Short Bond ETF in the 1st quarter valued at $57,000. US Bancorp DE acquired a new position in PGIM Ultra Short Bond ETF in the 1st quarter valued at $60,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in PGIM Ultra Short Bond ETF by 50.8% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock valued at $135,000 after buying an additional 911 shares during the period. Finally, Cullen Frost Bankers Inc. increased its stake in PGIM Ultra Short Bond ETF by 97.3% in the 1st quarter. Cullen Frost Bankers Inc. now owns 3,650 shares of the company’s stock valued at $182,000 after buying an additional 1,800 shares during the period. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.79 on Friday. The stock has a market capitalization of $12.66 billion, a P/E ratio of -23.94 and a beta of 0.04. The company’s fifty day moving average is $49.74 and its two-hundred day moving average is $49.67. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84.

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.