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

Phoenix Wealth Advisors raised its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1,846.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 81,679 shares of the company’s stock after acquiring an additional 77,483 shares during the period. PGIM Ultra Short Bond ETF comprises about 1.8% of Phoenix Wealth Advisors’ investment portfolio, making the stock its 18th largest holding. Phoenix Wealth Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $4,047,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in PGIM Ultra Short Bond ETF by 4.1% in the third quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock valued at $1,259,904,000 after acquiring an additional 989,710 shares during the period. LPL Financial LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 0.9% during the third quarter. LPL Financial LLC now owns 6,156,917 shares of the company’s stock worth $306,491,000 after buying an additional 56,803 shares during the period. Crane Advisory LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 28.0% during the fourth quarter. Crane Advisory LLC now owns 1,802,695 shares of the company’s stock worth $89,378,000 after buying an additional 393,901 shares during the period. Raymond James & Associates boosted its position in shares of PGIM Ultra Short Bond ETF by 12.7% during the third quarter. Raymond James & Associates now owns 1,118,594 shares of the company’s stock worth $55,684,000 after buying an additional 125,616 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of PGIM Ultra Short Bond ETF by 84.1% during the second quarter. Cetera Investment Advisers now owns 1,111,646 shares of the company’s stock worth $55,249,000 after buying an additional 507,868 shares during the period.

PGIM Ultra Short Bond ETF Stock Up 0.0 %

PULS stock opened at $49.69 on Wednesday. The business 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 fifty-two week low of $48.47 and a fifty-two week high of $49.81.

PGIM Ultra Short Bond ETF Company 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.