Grant GrossMendelsohn LLC Sells 3,697 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Grant GrossMendelsohn LLC lowered its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,043 shares of the company’s stock after selling 3,697 shares during the period. PGIM Ultra Short Bond ETF comprises about 1.4% of Grant GrossMendelsohn LLC’s holdings, making the stock its 19th largest holding. Grant GrossMendelsohn LLC owned approximately 0.07% of PGIM Ultra Short Bond ETF worth $3,328,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in PGIM Ultra Short Bond ETF by 3.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,692,887 shares of the company’s stock valued at $1,123,071,000 after purchasing an additional 829,290 shares during the period. Morgan Stanley increased its holdings in PGIM Ultra Short Bond ETF by 21.1% during the 3rd quarter. Morgan Stanley now owns 8,686,716 shares of the company’s stock valued at $429,906,000 after purchasing an additional 1,514,744 shares during the period. FMR LLC increased its holdings in PGIM Ultra Short Bond ETF by 34,882,000.0% during the 3rd quarter. FMR LLC now owns 7,674,062 shares of the company’s stock valued at $379,789,000 after purchasing an additional 7,674,040 shares during the period. LPL Financial LLC increased its holdings in PGIM Ultra Short Bond ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 3,100,802 shares of the company’s stock valued at $153,459,000 after purchasing an additional 524,082 shares during the period. Finally, Royal Bank of Canada increased its holdings in PGIM Ultra Short Bond ETF by 2.8% during the 3rd quarter. Royal Bank of Canada now owns 2,035,695 shares of the company’s stock valued at $100,747,000 after purchasing an additional 56,284 shares during the period.

PGIM Ultra Short Bond ETF Stock Down 0.0 %

Shares of PULS stock traded down $0.01 during midday trading on Monday, reaching $49.57. 1,046,614 shares of the stock were exchanged, compared to its average volume of 1,218,654. PGIM Ultra Short Bond ETF has a 1 year low of $49.12 and a 1 year high of $49.71. The company’s 50 day moving average is $49.57 and its two-hundred day moving average is $49.49.

PGIM Ultra Short Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.2443 dividend. The ex-dividend date was Monday, April 1st. This is an increase from PGIM Ultra Short Bond ETF’s previous dividend of $0.23.

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.