MML Investors Services LLC Grows Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

MML Investors Services LLC increased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 47.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 317,119 shares of the company’s stock after buying an additional 101,793 shares during the quarter. MML Investors Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $15,713,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. GPS Wealth Strategies Group LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 39.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock worth $41,000 after acquiring an additional 232 shares during the period. Blue Trust Inc. purchased a new stake in PGIM Ultra Short Bond ETF during the fourth quarter valued at approximately $46,000. Kestra Investment Management LLC bought a new stake in PGIM Ultra Short Bond ETF in the fourth quarter worth $50,000. Bank of Jackson Hole Trust purchased a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth about $53,000. Finally, Concourse Financial Group Securities Inc. grew its position in PGIM Ultra Short Bond ETF by 101.0% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 1,250 shares of the company’s stock valued at $62,000 after acquiring an additional 628 shares during the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS opened at $49.55 on Wednesday. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81. The firm has a fifty day moving average price of $49.60 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.