Arkadios Wealth Advisors Trims Stock Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Arkadios Wealth Advisors decreased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,475 shares of the company’s stock after selling 8,740 shares during the quarter. Arkadios Wealth Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. AE Wealth Management LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 10.2% during the 2nd quarter. AE Wealth Management LLC now owns 33,287 shares of the company’s stock worth $1,654,000 after acquiring an additional 3,083 shares during the last quarter. Team Financial Group LLC grew its holdings in PGIM Ultra Short Bond ETF by 4.7% during the second quarter. Team Financial Group LLC now owns 29,468 shares of the company’s stock valued at $1,465,000 after purchasing an additional 1,326 shares during the period. EverSource Wealth Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF by 12.0% during the second quarter. EverSource Wealth Advisors LLC now owns 8,170 shares of the company’s stock valued at $406,000 after purchasing an additional 875 shares during the period. Certified Advisory Corp bought a new position in shares of PGIM Ultra Short Bond ETF in the second quarter worth about $851,000. Finally, Point72 Italy S.r.l. bought a new position in shares of PGIM Ultra Short Bond ETF in the second quarter worth about $25,128,000.

PGIM Ultra Short Bond ETF Trading Up 0.0 %

Shares of NYSEARCA:PULS opened at $49.67 on Monday. The stock has a 50 day moving average of $49.66 and a 200 day moving average of $49.66. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81.

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.