Oppenheimer & Co. Inc. Has $5.28 Million Stock Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Oppenheimer & Co. Inc. raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 106,135 shares of the company’s stock after purchasing an additional 11,831 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $5,283,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC raised its position in PGIM Ultra Short Bond ETF by 22.5% during the second quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock valued at $303,176,000 after acquiring an additional 1,122,069 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in PGIM Ultra Short Bond ETF in the 3rd quarter worth $33,543,000. Cetera Investment Advisers grew its position in PGIM Ultra Short Bond ETF by 892.0% during the first quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock worth $30,008,000 after buying an additional 542,915 shares in the last quarter. Point72 Italy S.r.l. bought a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter valued at approximately $25,128,000. Finally, Envestnet Asset Management Inc. increased its holdings in PGIM Ultra Short Bond ETF by 102.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 826,149 shares of the company’s stock valued at $41,060,000 after buying an additional 417,210 shares during the period.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.67 on Friday. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81. The firm has a 50-day moving average price of $49.67 and a 200 day moving average price of $49.64.

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.