Kestra Investment Management LLC Invests $50,000 in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Kestra Investment Management LLC purchased a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,015 shares of the company’s stock, valued at approximately $50,000.

A number of other hedge funds have also modified their holdings of PULS. Temasek Holdings Private Ltd purchased a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth $50,039,000. JPMorgan Chase & Co. lifted its stake in PGIM Ultra Short Bond ETF by 4.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 25,309,440 shares of the company’s stock worth $1,259,904,000 after acquiring an additional 989,710 shares in the last quarter. Crane Advisory LLC lifted its stake in PGIM Ultra Short Bond ETF by 28.0% during the 4th quarter. Crane Advisory LLC now owns 1,802,695 shares of the company’s stock worth $89,378,000 after acquiring an additional 393,901 shares in the last quarter. Crewe Advisors LLC lifted its stake in PGIM Ultra Short Bond ETF by 459.7% during the 4th quarter. Crewe Advisors LLC now owns 389,686 shares of the company’s stock worth $19,309,000 after acquiring an additional 320,060 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new position in PGIM Ultra Short Bond ETF during the 3rd quarter worth about $15,809,000.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.73 on Friday. The stock’s 50-day moving average price is $49.66 and its 200 day moving average price is $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.