Merit Financial Group LLC Grows Stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Merit Financial Group LLC grew its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 25.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,899 shares of the company’s stock after buying an additional 4,070 shares during the quarter. Merit Financial Group LLC’s holdings in PGIM Ultra Short Bond ETF were worth $986,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Comprehensive Financial Consultants Institutional Inc. lifted its stake 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 acquiring an additional 276 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in shares of PGIM Ultra Short Bond ETF by 1.4% during 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 in the last quarter. Americana Partners LLC increased its holdings in PGIM Ultra Short Bond ETF by 0.8% during the third quarter. Americana Partners LLC now owns 61,898 shares of the company’s stock valued at $3,081,000 after buying an additional 502 shares during the period. Gladstone Institutional Advisory LLC lifted its holdings 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 worth $2,409,000 after buying an additional 548 shares during the period. Finally, 626 Financial LLC boosted its position in PGIM Ultra Short Bond ETF by 2.4% during the 3rd 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 Trading Up 0.0 %

Shares of NYSEARCA:PULS opened at $49.69 on Wednesday. PGIM Ultra Short Bond ETF has a 12-month low of $48.47 and a 12-month high of $49.81. The business’s fifty day simple moving average is $49.66 and its 200-day simple moving average is $49.66.

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.