Avantax Advisory Services Inc. Buys 71,398 Shares of PGIM Ultra Short Bond ETF $PULS

Avantax Advisory Services Inc. grew its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 9.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 863,066 shares of the company’s stock after buying an additional 71,398 shares during the period. Avantax Advisory Services Inc. owned approximately 0.36% of PGIM Ultra Short Bond ETF worth $42,946,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of PULS. BankPlus Wealth Management LLC raised its position 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 acquiring an additional 381 shares during the period. Genesis Private Wealth LLC increased its stake in PGIM Ultra Short Bond ETF by 1.2% in the second 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 in the last quarter. Perigon Wealth Management LLC increased its stake in PGIM Ultra Short Bond ETF by 0.6% in the second 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 in the last quarter. Howard Capital Management Inc. raised its holdings 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 worth $1,239,000 after purchasing an additional 557 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its position in shares of 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 purchasing an additional 559 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of PULS stock opened at $49.72 on Friday. The firm has a fifty day moving average of $49.73 and a 200-day moving average of $49.69. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84. The firm has a market capitalization of $12.64 billion, a price-to-earnings ratio of -23.90 and a beta of 0.01.

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.