Sigma Planning Corp Sells 14,433 Shares of PGIM Ultra Short Bond ETF $PULS

Sigma Planning Corp lessened its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 98,027 shares of the company’s stock after selling 14,433 shares during the period. Sigma Planning Corp’s holdings in PGIM Ultra Short Bond ETF were worth $4,878,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in PGIM Ultra Short Bond ETF by 29.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 745,222 shares of the company’s stock worth $37,060,000 after buying an additional 169,348 shares during the last quarter. KWB Wealth increased its position in shares of PGIM Ultra Short Bond ETF by 40.9% during the 2nd quarter. KWB Wealth now owns 7,348 shares of the company’s stock valued at $365,000 after purchasing an additional 2,134 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of PGIM Ultra Short Bond ETF by 15.8% during the 1st quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock valued at $1,631,987,000 after acquiring an additional 4,479,846 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 9.3% during the 2nd quarter. Janney Montgomery Scott LLC now owns 145,276 shares of the company’s stock valued at $7,229,000 after acquiring an additional 12,353 shares during the period. Finally, Aurdan Capital Management LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the 1st quarter valued at approximately $208,000. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS stock opened at $49.64 on Tuesday. PGIM Ultra Short Bond ETF has a 1-year low of $49.34 and a 1-year high of $49.84. The company has a market capitalization of $12.62 billion, a price-to-earnings ratio of -23.87 and a beta of 0.01. The business has a 50 day simple moving average of $49.74 and a two-hundred day simple moving average of $49.68.

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.