Ameritas Advisory Services LLC Increases Stock Position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

Ameritas Advisory Services LLC increased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 62.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 545,784 shares of the company’s stock after buying an additional 209,379 shares during the period. PGIM Ultra Short Bond ETF accounts for 0.9% of Ameritas Advisory Services LLC’s investment portfolio, making the stock its 21st biggest position. Ameritas Advisory Services LLC owned approximately 0.40% of PGIM Ultra Short Bond ETF worth $27,044,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Merit Financial Group LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 25.7% in the fourth quarter. Merit Financial Group LLC now owns 19,899 shares of the company’s stock worth $986,000 after acquiring an additional 4,070 shares during the period. Relyea Zuckerberg Hanson LLC purchased a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth about $901,000. Wealthcare Advisory Partners LLC boosted its stake in PGIM Ultra Short Bond ETF by 66.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 119,447 shares of the company’s stock worth $5,919,000 after purchasing an additional 47,470 shares during the period. Fermata Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF by 21.3% during the 4th quarter. Fermata Advisors LLC now owns 8,886 shares of the company’s stock valued at $440,000 after buying an additional 1,558 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 89.1% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,265 shares of the company’s stock valued at $63,000 after buying an additional 596 shares during the period.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.67 on Friday. The company’s 50-day moving average price is $49.66 and its 200-day moving average price is $49.65. 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.