Arete Wealth Advisors LLC Sells 120,013 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Arete Wealth Advisors LLC trimmed its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 44.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 147,621 shares of the company’s stock after selling 120,013 shares during the quarter. Arete Wealth Advisors LLC owned 0.11% of PGIM Ultra Short Bond ETF worth $7,314,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Tradewinds LLC. boosted its stake in PGIM Ultra Short Bond ETF by 536.9% in the 4th quarter. Tradewinds LLC. now owns 25,942 shares of the company’s stock valued at $1,287,000 after buying an additional 21,869 shares in the last quarter. Prevail Innovative Wealth Advisors LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 12.6% during the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 22,887 shares of the company’s stock valued at $1,134,000 after acquiring an additional 2,564 shares during the period. Vertex Planning Partners LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter valued at $7,447,000. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 12.0% in the 4th quarter. JPMorgan Chase & Co. now owns 28,337,110 shares of the company’s stock worth $1,404,104,000 after purchasing an additional 3,027,670 shares during the last quarter. Finally, Excalibur Management Corp increased its position in shares of PGIM Ultra Short Bond ETF by 70.1% during the 4th quarter. Excalibur Management Corp now owns 11,189 shares of the company’s stock worth $554,000 after purchasing an additional 4,611 shares in the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS stock opened at $49.53 on Thursday. 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 $49.66 and a 200 day moving average price of $49.67.

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.