PNC Financial Services Group Inc. Increases Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

PNC Financial Services Group Inc. raised its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 17.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,652,274 shares of the company’s stock after acquiring an additional 398,260 shares during the period. PNC Financial Services Group Inc. owned approximately 1.93% of PGIM Ultra Short Bond ETF worth $131,420,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. GPS Wealth Strategies Group LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 39.2% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 824 shares of the company’s stock valued at $41,000 after purchasing an additional 232 shares during the last quarter. Kovack Advisors Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 7.9% in the 4th quarter. Kovack Advisors Inc. now owns 4,524 shares of the company’s stock worth $224,000 after acquiring an additional 333 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of PGIM Ultra Short Bond ETF by 0.9% during the 4th quarter. Private Trust Co. NA now owns 39,548 shares of the company’s stock worth $1,960,000 after acquiring an additional 334 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 3.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 12,844 shares of the company’s stock valued at $636,000 after acquiring an additional 442 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its holdings in shares of PGIM Ultra Short Bond ETF by 1.4% in the third quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock valued at $1,823,000 after purchasing an additional 494 shares during the period.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock opened at $49.60 on Friday. The company has a 50-day moving average price of $49.65 and a 200 day moving average price of $49.67. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81.

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.