Envestnet Asset Management Inc. Sells 224,857 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Envestnet Asset Management Inc. lessened its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 575,874 shares of the company’s stock after selling 224,857 shares during the period. Envestnet Asset Management Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $28,535,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN increased its stake in PGIM Ultra Short Bond ETF by 31.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,134,577 shares of the company’s stock worth $254,418,000 after acquiring an additional 1,227,633 shares during the last quarter. Thoroughbred Financial Services LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 81.7% during the fourth quarter. Thoroughbred Financial Services LLC now owns 37,006 shares of the company’s stock worth $1,833,000 after purchasing an additional 16,645 shares in the last quarter. Tradewinds LLC. increased its position in shares of PGIM Ultra Short Bond ETF by 536.9% in the fourth quarter. Tradewinds LLC. now owns 25,942 shares of the company’s stock worth $1,287,000 after purchasing an additional 21,869 shares during the last quarter. Prevail Innovative Wealth Advisors LLC raised its stake in PGIM Ultra Short Bond ETF by 12.6% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 22,887 shares of the company’s stock valued at $1,134,000 after purchasing an additional 2,564 shares in the last quarter. Finally, Vertex Planning Partners LLC bought a new stake in PGIM Ultra Short Bond ETF during the fourth quarter valued at approximately $7,447,000.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:PULS opened at $49.41 on Friday. The company’s fifty day moving average price is $49.61 and its 200-day moving average price is $49.65. PGIM Ultra Short Bond ETF has a one year low of $48.47 and a one 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.