Norden Group LLC Sells 10,846 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Norden Group LLC trimmed its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 7.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,721 shares of the company’s stock after selling 10,846 shares during the quarter. PGIM Ultra Short Bond ETF comprises approximately 0.8% of Norden Group LLC’s investment portfolio, making the stock its 23rd biggest position. Norden Group LLC owned about 0.10% of PGIM Ultra Short Bond ETF worth $6,775,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PULS. Creative Planning bought a new position in PGIM Ultra Short Bond ETF during the third quarter worth $223,000. Gladstone Institutional Advisory LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 1.1% during the third quarter. Gladstone Institutional Advisory LLC now owns 48,387 shares of the company’s stock worth $2,409,000 after buying an additional 548 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $256,000. Cedar Point Capital Partners LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $247,000. Finally, IAG Wealth Partners LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 6.5% during the third quarter. IAG Wealth Partners LLC now owns 221,471 shares of the company’s stock worth $11,025,000 after buying an additional 13,512 shares in the last quarter.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.78 on Friday. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81. The stock has a fifty day moving average of $49.66 and a 200-day moving average of $49.67.

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.