Avestar Capital LLC Has $7.01 Million Stock Position in PGIM Ultra Short Bond ETF $PULS

Avestar Capital LLC boosted its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 20.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 141,074 shares of the company’s stock after buying an additional 24,065 shares during the period. Avestar Capital LLC owned approximately 0.05% of PGIM Ultra Short Bond ETF worth $7,011,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sound Income Strategies LLC grew its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after purchasing an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $30,000. Rossby Financial LCC acquired a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares in the last quarter. Finally, Kingdom Financial Group LLC. acquired a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:PULS opened at $49.57 on Thursday. The company’s 50 day moving average price is $49.63 and its two-hundred day moving average price is $49.67. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The firm has a market cap of $14.54 billion, a PE ratio of -23.83 and a beta of 0.02.

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