Arete Wealth Advisors LLC Acquires 10,214 Shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Arete Wealth Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 267,634 shares of the company’s stock after purchasing an additional 10,214 shares during the quarter. PGIM Ultra Short Bond ETF makes up 1.1% of Arete Wealth Advisors LLC’s portfolio, making the stock its 16th biggest position. Arete Wealth Advisors LLC owned 0.19% of PGIM Ultra Short Bond ETF worth $13,326,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of PULS. Comprehensive Financial Consultants Institutional Inc. raised its holdings in PGIM Ultra Short Bond ETF by 4.3% in the third quarter. Comprehensive Financial Consultants Institutional Inc. now owns 6,658 shares of the company’s stock worth $331,000 after purchasing an additional 276 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its stake in shares of PGIM Ultra Short Bond ETF by 1.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 36,615 shares of the company’s stock worth $1,823,000 after acquiring an additional 494 shares in the last quarter. Americana Partners LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 0.8% during the 3rd quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock worth $3,081,000 after acquiring an additional 502 shares in the last quarter. Gladstone Institutional Advisory LLC lifted its position in 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 valued at $2,409,000 after acquiring an additional 548 shares during the last quarter. Finally, 626 Financial LLC boosted its stake in PGIM Ultra Short Bond ETF by 2.4% in the third quarter. 626 Financial LLC now owns 24,589 shares of the company’s stock valued at $1,224,000 after acquiring an additional 571 shares in the last quarter.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA PULS opened at $49.66 on Wednesday. PGIM Ultra Short Bond ETF has a fifty-two week low of $48.47 and a fifty-two week high of $49.81. The business has a 50-day simple moving average of $49.67 and a two-hundred day simple moving average of $49.65.

PGIM Ultra Short Bond ETF 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.