Lion Street Advisors LLC Grows Stake in PGIM Ultra Short Bond ETF $PULS

Lion Street Advisors LLC grew its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 8.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 141,859 shares of the company’s stock after purchasing an additional 11,094 shares during the quarter. PGIM Ultra Short Bond ETF comprises about 2.1% of Lion Street Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Lion Street Advisors LLC owned approximately 0.06% of PGIM Ultra Short Bond ETF worth $7,059,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its stake in PGIM Ultra Short Bond ETF by 52.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 271,150 shares of the company’s stock valued at $13,484,000 after buying an additional 93,244 shares during the last quarter. Fairvoy Private Wealth LLC grew its stake in PGIM Ultra Short Bond ETF by 24.7% in the 1st quarter. Fairvoy Private Wealth LLC now owns 310,003 shares of the company’s stock valued at $15,416,000 after buying an additional 61,347 shares during the last quarter. Crane Advisory LLC grew its stake in PGIM Ultra Short Bond ETF by 0.3% in the 1st quarter. Crane Advisory LLC now owns 1,807,641 shares of the company’s stock valued at $89,316,000 after buying an additional 4,946 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in PGIM Ultra Short Bond ETF by 15.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 132,923 shares of the company’s stock valued at $6,610,000 after buying an additional 17,715 shares during the last quarter. Finally, Fortitude Advisory Group L.L.C. grew its stake in PGIM Ultra Short Bond ETF by 10.2% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 85,559 shares of the company’s stock valued at $4,234,000 after buying an additional 7,897 shares during the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA:PULS opened at $49.71 on Monday. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The firm’s fifty day simple moving average is $49.72 and its 200 day simple moving average is $49.65. The firm has a market capitalization of $12.64 billion, a PE ratio of -23.90 and a beta of 0.04.

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.