Congress Park Capital LLC Sells 45,247 Shares of PGIM Ultra Short Bond ETF $PULS

Congress Park Capital LLC lowered its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 24.7% in the 3rd quarter, Holdings Channel reports. The firm owned 138,262 shares of the company’s stock after selling 45,247 shares during the quarter. PGIM Ultra Short Bond ETF accounts for approximately 2.1% of Congress Park Capital LLC’s portfolio, making the stock its 17th biggest position. Congress Park Capital LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,890,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PULS. Spire Wealth Management bought a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at approximately $31,000. Legacy Wealth Managment LLC ID purchased a new position in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $44,000. Thurston Springer Miller Herd & Titak Inc. grew its position in PGIM Ultra Short Bond ETF by 50.8% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock valued at $135,000 after acquiring an additional 911 shares during the last quarter. Vestor Capital LLC purchased a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $184,000. Finally, Capital Analysts LLC increased its stake in PGIM Ultra Short Bond ETF by 187.5% in the first quarter. Capital Analysts LLC now owns 4,002 shares of the company’s stock worth $199,000 after purchasing an additional 2,610 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.72 on Thursday. The firm has a fifty day moving average price of $49.72 and a 200-day moving average price of $49.70. The firm has a market capitalization of $13.27 billion, a P/E ratio of -23.90 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84.

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.