Summit Global Investments Reduces Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Summit Global Investments cut its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 18.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 275,086 shares of the company’s stock after selling 60,587 shares during the period. PGIM Ultra Short Bond ETF makes up 0.9% of Summit Global Investments’ portfolio, making the stock its 24th biggest position. Summit Global Investments owned about 0.20% of PGIM Ultra Short Bond ETF worth $13,694,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PULS. BNP Paribas Financial Markets lifted its holdings in shares of PGIM Ultra Short Bond ETF by 126.3% during the 1st quarter. BNP Paribas Financial Markets now owns 86,941 shares of the company’s stock valued at $4,321,000 after buying an additional 48,526 shares during the period. Advisory Services Network LLC lifted its holdings in PGIM Ultra Short Bond ETF by 0.8% in the first quarter. Advisory Services Network LLC now owns 61,645 shares of the company’s stock valued at $3,064,000 after acquiring an additional 481 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in PGIM Ultra Short Bond ETF by 80.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 8,929 shares of the company’s stock worth $444,000 after purchasing an additional 3,975 shares during the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 27.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 69,199 shares of the company’s stock valued at $3,439,000 after purchasing an additional 14,720 shares during the period. Finally, WNY Asset Management LLC increased its position in shares of PGIM Ultra Short Bond ETF by 8.3% during the 1st quarter. WNY Asset Management LLC now owns 10,313 shares of the company’s stock valued at $513,000 after purchasing an additional 793 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS stock opened at $49.63 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $48.47 and a 1 year high of $49.81. The firm has a fifty day moving average price of $49.67 and a 200-day moving average price of $49.64.

PGIM Ultra Short Bond ETF Company 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.