PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Position Trimmed by Sheets Smith Wealth Management

Sheets Smith Wealth Management reduced its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,960 shares of the company’s stock after selling 1,330 shares during the quarter. Sheets Smith Wealth Management’s holdings in PGIM Ultra Short Bond ETF were worth $3,307,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. BKM Wealth Management LLC purchased a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $49,000. Macroview Investment Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the fourth quarter valued at about $49,000. Pinnacle Bancorp Inc. lifted its stake in shares of PGIM Ultra Short Bond ETF by 38.2% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,277 shares of the company’s stock valued at $63,000 after acquiring an additional 353 shares during the period. Capital Analysts LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth $69,000. Finally, Cary Street Partners Investment Advisory LLC bought a new stake in PGIM Ultra Short Bond ETF in the third quarter valued at about $134,000.

PGIM Ultra Short Bond ETF Trading Up 0.1 %

Shares of NYSEARCA PULS traded up $0.03 during mid-day trading on Friday, reaching $49.54. 1,241,432 shares of the company’s stock were exchanged, compared to its average volume of 1,285,010. PGIM Ultra Short Bond ETF has a twelve month low of $49.13 and a twelve month high of $49.71. The business has a fifty day simple moving average of $49.59 and a 200 day simple moving average of $49.51.

PGIM Ultra Short Bond ETF Increases Dividend

The firm 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 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.