WESPAC Advisors LLC Invests $4.30 Million in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

WESPAC Advisors LLC purchased a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 86,706 shares of the company’s stock, valued at approximately $4,296,000. PGIM Ultra Short Bond ETF makes up about 3.2% of WESPAC Advisors LLC’s portfolio, making the stock its 2nd biggest holding. WESPAC Advisors LLC owned approximately 0.06% of PGIM Ultra Short Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC boosted its stake in PGIM Ultra Short Bond ETF by 39.2% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock valued at $41,000 after purchasing an additional 232 shares in the last quarter. Comprehensive Financial Consultants Institutional Inc. raised its holdings in PGIM Ultra Short Bond ETF by 4.3% during the third quarter. Comprehensive Financial Consultants Institutional Inc. now owns 6,658 shares of the company’s stock valued at $331,000 after buying an additional 276 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in PGIM Ultra Short Bond ETF by 1.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock valued at $1,823,000 after buying an additional 494 shares in the last quarter. Americana Partners LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 0.8% in the third quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock worth $3,081,000 after purchasing an additional 502 shares during the period. Finally, Systelligence LLC increased its stake in PGIM Ultra Short Bond ETF by 3.2% during the fourth quarter. Systelligence LLC now owns 16,264 shares of the company’s stock valued at $806,000 after acquiring an additional 504 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

Shares of 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 $49.67. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81.

About PGIM Ultra Short Bond ETF

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.