Parsons Capital Management Inc. RI Acquires New Holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Parsons Capital Management Inc. RI bought a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 11,359 shares of the company’s stock, valued at approximately $563,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $33,000. Hara Capital LLC acquired a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at approximately $101,000. MidAtlantic Capital Management Inc. bought a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $152,000. Kovack Advisors Inc. acquired a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $209,000. Finally, Discipline Wealth Solutions LLC bought a new stake in PGIM Ultra Short Bond ETF in the 3rd quarter valued at $214,000.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of NYSEARCA PULS opened at $49.74 on Wednesday. The company has a fifty day moving average price of $49.67 and a 200 day moving average price of $49.66. PGIM Ultra Short Bond ETF has a 1-year low of $48.47 and a 1-year 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.