PGIM Ultra Short Bond ETF $PULS Shares Sold by Belpointe Asset Management LLC

Belpointe Asset Management LLC reduced its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 57.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 80,953 shares of the company’s stock after selling 107,526 shares during the period. Belpointe Asset Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in PULS. MBM Wealth Consultants LLC raised its holdings in PGIM Ultra Short Bond ETF by 18.9% during the third quarter. MBM Wealth Consultants LLC now owns 416,334 shares of the company’s stock worth $20,746,000 after purchasing an additional 66,196 shares in the last quarter. Owen LaRue LLC increased its position in shares of PGIM Ultra Short Bond ETF by 22.4% during the 3rd quarter. Owen LaRue LLC now owns 33,684 shares of the company’s stock valued at $1,678,000 after purchasing an additional 6,162 shares during the period. Brueske Advisory Services LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 11.6% in the 3rd quarter. Brueske Advisory Services LLC now owns 16,900 shares of the company’s stock worth $842,000 after buying an additional 1,752 shares in the last quarter. Symphony Financial Ltd. Co. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 8.2% in the third quarter. Symphony Financial Ltd. Co. now owns 326,262 shares of the company’s stock valued at $16,256,000 after buying an additional 24,606 shares during the period. Finally, SAM Advisors LLC boosted its stake in PGIM Ultra Short Bond ETF by 13.9% during the third quarter. SAM Advisors LLC now owns 39,291 shares of the company’s stock valued at $1,958,000 after buying an additional 4,788 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.76 on Tuesday. The business’s 50-day moving average price is $49.70 and its 200 day moving average price is $49.72. PGIM Ultra Short Bond ETF has a 52-week low of $49.34 and a 52-week high of $49.84. The firm has a market cap of $13.36 billion, a P/E ratio of -23.92 and a beta of 0.01.

PGIM Ultra Short Bond ETF Company Profile

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.