PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Shares Sold by Fountainhead AM LLC

Fountainhead AM LLC lessened its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 17.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 88,276 shares of the company’s stock after selling 19,010 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 1.2% of Fountainhead AM LLC’s holdings, making the stock its 20th biggest holding. Fountainhead AM LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,360,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. lifted its position in PGIM Ultra Short Bond ETF by 26.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 230,963 shares of the company’s stock worth $11,407,000 after buying an additional 48,701 shares in the last quarter. Crane Advisory LLC grew its position in PGIM Ultra Short Bond ETF by 8.9% in the 4th quarter. Crane Advisory LLC now owns 919,112 shares of the company’s stock worth $45,432,000 after purchasing an additional 75,469 shares during the last quarter. Ironwood Wealth Management Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 1.8% during the 4th quarter. Ironwood Wealth Management Inc. now owns 363,386 shares of the company’s stock worth $17,988,000 after acquiring an additional 6,567 shares during the period. Vickerman Investment Advisors Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 46.3% during the 4th quarter. Vickerman Investment Advisors Inc. now owns 548,816 shares of the company’s stock valued at $27,106,000 after purchasing an additional 173,717 shares during the last quarter. Finally, DAVENPORT & Co LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 6.5% in the fourth quarter. DAVENPORT & Co LLC now owns 65,919 shares of the company’s stock worth $3,256,000 after acquiring an additional 4,035 shares during the last quarter.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

Shares of NYSEARCA:PULS traded up $0.01 during trading on Tuesday, hitting $49.64. 1,172,993 shares of the company’s stock were exchanged, compared to its average volume of 1,242,344. PGIM Ultra Short Bond ETF has a 1-year low of $49.12 and a 1-year high of $49.71. The firm has a 50-day moving average price of $49.58 and a two-hundred day moving average price of $49.50.

PGIM Ultra Short Bond ETF Increases Dividend

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

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.