Kingsview Wealth Management LLC Sells 32,520 Shares of PGIM Ultra Short Bond ETF $PULS

Kingsview Wealth Management LLC decreased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 19.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 135,090 shares of the company’s stock after selling 32,520 shares during the quarter. Kingsview Wealth Management LLC owned 0.05% of PGIM Ultra Short Bond ETF worth $6,699,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in PULS. TradeWell Securities LLC. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 11.4% during the 4th quarter. TradeWell Securities LLC. now owns 31,447 shares of the company’s stock valued at $1,559,000 after acquiring an additional 3,229 shares in the last quarter. Integrity Alliance LLC. acquired a new position in PGIM Ultra Short Bond ETF in the 4th quarter worth about $12,233,000. Harbour Investments Inc. raised its position in PGIM Ultra Short Bond ETF by 22.4% in the fourth quarter. Harbour Investments Inc. now owns 197,465 shares of the company’s stock valued at $9,792,000 after purchasing an additional 36,128 shares during the last quarter. Prospera Financial Services Inc raised its position in PGIM Ultra Short Bond ETF by 4.5% in the fourth quarter. Prospera Financial Services Inc now owns 39,561 shares of the company’s stock valued at $1,962,000 after purchasing an additional 1,699 shares during the last quarter. Finally, Americana Partners LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 93.6% during the fourth quarter. Americana Partners LLC now owns 89,435 shares of the company’s stock valued at $4,435,000 after purchasing an additional 43,234 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.71 on Friday. The stock has a market cap of $14.58 billion, a P/E ratio of -23.90 and a beta of 0.02. The stock’s 50-day moving average is $49.63 and its 200-day moving average is $49.67. PGIM Ultra Short Bond ETF has a 1-year low of $49.50 and a 1-year high of $49.84.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.