SouthState Corp Sells 29,377 Shares of PGIM Ultra Short Bond ETF $PULS

SouthState Corp lessened its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 41.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,249 shares of the company’s stock after selling 29,377 shares during the quarter. SouthState Corp’s holdings in PGIM Ultra Short Bond ETF were worth $2,102,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in shares of PGIM Ultra Short Bond ETF by 29.4% in the first quarter. Envestnet Asset Management Inc. now owns 745,222 shares of the company’s stock worth $37,060,000 after acquiring an additional 169,348 shares in the last quarter. M&T Bank Corp acquired a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter valued at approximately $616,000. Cooper Capital Advisors LLC bought a new stake in PGIM Ultra Short Bond ETF during the 1st quarter worth approximately $688,000. Aurdan Capital Management LLC bought a new stake in PGIM Ultra Short Bond ETF during the 1st quarter worth approximately $208,000. Finally, Diversify Wealth Management LLC raised its holdings in PGIM Ultra Short Bond ETF by 24.7% during the 1st quarter. Diversify Wealth Management LLC now owns 130,381 shares of the company’s stock worth $6,471,000 after buying an additional 25,795 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.65 on Friday. The firm has a market cap of $12.62 billion, a P/E ratio of -23.87 and a beta of 0.01. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84. The firm’s 50 day moving average price is $49.74 and its two-hundred day moving average price is $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.