PGIM Ultra Short Bond ETF (NYSEARCA:PULS) Sets New 12-Month High at $49.75

PGIM Ultra Short Bond ETF (NYSEARCA:PULS)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $49.75 and last traded at $49.75, with a volume of 155988 shares trading hands. The stock had previously closed at $49.73.

PGIM Ultra Short Bond ETF Stock Performance

The stock’s 50-day moving average is $49.63 and its 200 day moving average is $49.61.

Institutional Investors Weigh In On PGIM Ultra Short Bond ETF

Large investors have recently made changes to their positions in the stock. Norden Group LLC lifted its position in PGIM Ultra Short Bond ETF by 6,082.2% during the 1st quarter. Norden Group LLC now owns 3,152,844 shares of the company’s stock worth $156,697,000 after acquiring an additional 3,101,845 shares during the period. LPL Financial LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 22.5% during the second quarter. LPL Financial LLC now owns 6,100,114 shares of the company’s stock worth $303,176,000 after purchasing an additional 1,122,069 shares during the period. Cetera Investment Advisers boosted its position in 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 valued at $30,008,000 after buying an additional 542,915 shares during the last quarter. Wells Fargo & Company MN increased its holdings in PGIM Ultra Short Bond ETF by 17.1% in the 4th quarter. Wells Fargo & Company MN now owns 3,706,189 shares of the company’s stock worth $183,049,000 after buying an additional 542,492 shares during the period. Finally, Point72 Italy S.r.l. purchased a new position in PGIM Ultra Short Bond ETF during the 2nd quarter worth approximately $25,128,000.

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.