Systelligence LLC Lowers Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Systelligence LLC lessened its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 14.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,760 shares of the company’s stock after selling 2,626 shares during the quarter. Systelligence LLC’s holdings in PGIM Ultra Short Bond ETF were worth $785,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in PULS. LPL Financial LLC raised its stake in PGIM Ultra Short Bond ETF by 22.5% during the second quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock valued at $303,176,000 after buying an additional 1,122,069 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in PGIM Ultra Short Bond ETF during the third quarter valued at $33,543,000. Cetera Investment Advisers raised its stake in PGIM Ultra Short Bond ETF by 892.0% during the first quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock valued at $30,008,000 after buying an additional 542,915 shares during the last quarter. Point72 Italy S.r.l. purchased a new position in PGIM Ultra Short Bond ETF during the second quarter valued at $25,128,000. Finally, Envestnet Asset Management Inc. raised its stake in PGIM Ultra Short Bond ETF by 102.0% during the second quarter. Envestnet Asset Management Inc. now owns 826,149 shares of the company’s stock valued at $41,060,000 after buying an additional 417,210 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA:PULS opened at $49.65 on Tuesday. The stock has a fifty day simple moving average of $49.67 and a two-hundred day simple moving average of $49.64. 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.