Wealthfront Advisers LLC Has $1.89 Million Stake in PGIM Ultra Short Bond ETF $PULS

Wealthfront Advisers LLC reduced its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 27.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,071 shares of the company’s stock after selling 14,262 shares during the quarter. Wealthfront Advisers LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,894,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BankPlus Wealth Management LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 8.8% in the 2nd quarter. BankPlus Wealth Management LLC now owns 4,692 shares of the company’s stock valued at $233,000 after purchasing an additional 381 shares in the last quarter. Genesis Private Wealth LLC lifted its holdings in PGIM Ultra Short Bond ETF by 1.2% during the 2nd quarter. Genesis Private Wealth LLC now owns 45,929 shares of the company’s stock valued at $2,285,000 after purchasing an additional 540 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in PGIM Ultra Short Bond ETF by 0.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 92,538 shares of the company’s stock valued at $4,605,000 after purchasing an additional 546 shares during the last quarter. Howard Capital Management Inc. boosted its position in PGIM Ultra Short Bond ETF by 2.3% in the first quarter. Howard Capital Management Inc. now owns 24,923 shares of the company’s stock valued at $1,239,000 after buying an additional 557 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its stake in PGIM Ultra Short Bond ETF by 0.4% during the first quarter. Atria Wealth Solutions Inc. now owns 126,486 shares of the company’s stock worth $6,290,000 after buying an additional 559 shares during the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Down 0.0%

NYSEARCA:PULS opened at $49.80 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The firm has a 50 day moving average of $49.75 and a 200-day moving average of $49.68. The stock has a market capitalization of $12.66 billion, a P/E ratio of -23.94 and a beta of 0.01.

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.