Phoenix Wealth Advisors Has $4.05 Million Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Phoenix Wealth Advisors grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1,846.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 81,679 shares of the company’s stock after purchasing an additional 77,483 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 1.8% of Phoenix Wealth Advisors’ investment portfolio, making the stock its 18th largest position. Phoenix Wealth Advisors owned 0.06% of PGIM Ultra Short Bond ETF worth $4,047,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. MBM Wealth Consultants LLC boosted its stake in PGIM Ultra Short Bond ETF by 22.4% in the fourth quarter. MBM Wealth Consultants LLC now owns 310,979 shares of the company’s stock worth $15,412,000 after purchasing an additional 56,914 shares in the last quarter. AFG Fiduciary Services Limited Partnership acquired a new position in PGIM Ultra Short Bond ETF in the fourth quarter worth $3,754,000. Genesis Private Wealth LLC acquired a new position in PGIM Ultra Short Bond ETF in the fourth quarter worth $2,155,000. Sheets Smith Wealth Management raised its position in shares of PGIM Ultra Short Bond ETF by 2.2% during the fourth quarter. Sheets Smith Wealth Management now owns 78,902 shares of the company’s stock worth $3,910,000 after acquiring an additional 1,684 shares during the last quarter. Finally, First United Bank & Trust raised its position in shares of PGIM Ultra Short Bond ETF by 42.3% during the fourth quarter. First United Bank & Trust now owns 44,302 shares of the company’s stock worth $2,195,000 after acquiring an additional 13,175 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Performance

PULS stock opened at $49.69 on Wednesday. PGIM Ultra Short Bond ETF has a twelve month low of $48.47 and a twelve month high of $49.81. The business has a fifty day moving average of $49.66 and a 200-day moving average of $49.66.

PGIM Ultra Short Bond ETF 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.