MML Investors Services LLC Buys 69,750 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

MML Investors Services LLC increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 47.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 215,326 shares of the company’s stock after buying an additional 69,750 shares during the period. MML Investors Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $10,719,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PULS. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $33,000. International Assets Investment Management LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $37,000. Concourse Financial Group Securities Inc. bought a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $45,000. Hara Capital LLC purchased a new position in PGIM Ultra Short Bond ETF during the third quarter worth $101,000. Finally, MidAtlantic Capital Management Inc. bought a new position in PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $152,000.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.66 on Wednesday. PGIM Ultra Short Bond ETF has a 52 week low of $48.47 and a 52 week high of $49.81. The stock’s fifty day moving average is $49.67 and its two-hundred day moving average is $49.65.

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.