Raab & Moskowitz Asset Management LLC Boosts Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Raab & Moskowitz Asset Management LLC boosted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 58,080 shares of the company’s stock after purchasing an additional 2,609 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $2,878,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the fourth quarter valued at approximately $9,076,000. MFA Wealth Advisors LLC increased its holdings in PGIM Ultra Short Bond ETF by 4.6% during the 4th quarter. MFA Wealth Advisors LLC now owns 98,526 shares of the company’s stock worth $4,882,000 after purchasing an additional 4,338 shares during the period. Advisory Resource Group raised its position in PGIM Ultra Short Bond ETF by 47.4% during the 4th quarter. Advisory Resource Group now owns 150,877 shares of the company’s stock valued at $7,476,000 after purchasing an additional 48,502 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 281.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 59,682 shares of the company’s stock worth $2,957,000 after buying an additional 44,049 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth $71,000.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.63 on Thursday. The stock’s fifty day moving average price is $49.65 and its 200-day moving average price 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.