Perennial Investment Advisors LLC Makes New $232,000 Investment in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Perennial Investment Advisors LLC purchased a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,666 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norden Group LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 6,082.2% during the first quarter. Norden Group LLC now owns 3,152,844 shares of the company’s stock valued at $156,697,000 after purchasing an additional 3,101,845 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 22.5% in the second quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock worth $303,176,000 after buying an additional 1,122,069 shares during the period. Cetera Investment Advisers increased its position in shares of PGIM Ultra Short Bond ETF by 892.0% in the first quarter. Cetera Investment Advisers now owns 603,778 shares of the company’s stock worth $30,008,000 after acquiring an additional 542,915 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of PGIM Ultra Short Bond ETF by 17.1% during the fourth quarter. Wells Fargo & Company MN now owns 3,706,189 shares of the company’s stock valued at $183,049,000 after acquiring an additional 542,492 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 102.0% during the second quarter. Envestnet Asset Management Inc. now owns 826,149 shares of the company’s stock valued at $41,060,000 after acquiring an additional 417,210 shares during the period.

PGIM Ultra Short Bond ETF Stock Down 0.0 %

PGIM Ultra Short Bond ETF stock opened at $49.68 on Wednesday. PGIM Ultra Short Bond ETF has a 52 week low of $48.47 and a 52 week high of $49.78. The company has a 50 day moving average price of $49.64 and a 200 day moving average price of $49.61.

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.