Seed Wealth Management Inc. Sells 405 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Seed Wealth Management Inc. trimmed its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,625 shares of the company’s stock after selling 405 shares during the period. PGIM Ultra Short Bond ETF comprises 1.1% of Seed Wealth Management Inc.’s investment portfolio, making the stock its 20th largest position. Seed Wealth Management Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $1,369,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter worth approximately $33,000. Hara Capital LLC purchased a new stake in PGIM Ultra Short Bond ETF during the third quarter valued at about $101,000. MidAtlantic Capital Management Inc. bought a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at about $152,000. Kovack Advisors Inc. purchased a new position in shares of PGIM Ultra Short Bond ETF in the third quarter worth about $209,000. Finally, Discipline Wealth Solutions LLC bought a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter valued at about $214,000.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.62 on Tuesday. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81. The business has a 50 day moving average price of $49.66 and a 200-day moving average price of $49.65.

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.