Acorn Wealth Advisors LLC Raises Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Acorn Wealth Advisors LLC increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 16.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 80,005 shares of the company’s stock after buying an additional 11,455 shares during the period. PGIM Ultra Short Bond ETF makes up about 1.7% of Acorn Wealth Advisors LLC’s investment portfolio, making the stock its 13th biggest position. Acorn Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,983,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Comprehensive Financial Consultants Institutional Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 4.3% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 6,658 shares of the company’s stock worth $331,000 after purchasing an additional 276 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in PGIM Ultra Short Bond ETF by 1.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock valued at $1,823,000 after purchasing an additional 494 shares in the last quarter. Americana Partners LLC grew its stake in PGIM Ultra Short Bond ETF by 0.8% in the third quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock valued at $3,081,000 after purchasing an additional 502 shares in the last quarter. Diversify Advisory Services LLC raised its position in PGIM Ultra Short Bond ETF by 0.8% during the second quarter. Diversify Advisory Services LLC now owns 60,994 shares of the company’s stock valued at $3,023,000 after acquiring an additional 505 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC increased its position in PGIM Ultra Short Bond ETF by 1.1% during the third quarter. Gladstone Institutional Advisory LLC now owns 48,387 shares of the company’s stock worth $2,409,000 after buying an additional 548 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock traded up $0.01 on Monday, reaching $49.74. The stock had a trading volume of 190,034 shares, compared to its average volume of 1,518,714. The business’s 50-day moving average price is $49.68 and its two-hundred day moving average price is $49.65. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81.

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.