Integrity Alliance LLC. Invests $12.23 Million in PGIM Ultra Short Bond ETF $PULS

Integrity Alliance LLC. purchased a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 246,684 shares of the company’s stock, valued at approximately $12,233,000.

Several other institutional investors have also modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock worth $1,882,557,000 after acquiring an additional 4,065,547 shares during the period. Bank of America Corp DE raised its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% during the 3rd quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock worth $555,066,000 after acquiring an additional 215,246 shares during the period. Raymond James Financial Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 5.7% during the 3rd quarter. Raymond James Financial Inc. now owns 4,348,595 shares of the company’s stock worth $216,691,000 after acquiring an additional 236,042 shares during the period. UBS Group AG raised its holdings in shares of PGIM Ultra Short Bond ETF by 16.9% during the 3rd quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock worth $204,420,000 after acquiring an additional 591,642 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 5.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,021,393 shares of the company’s stock worth $199,421,000 after acquiring an additional 221,413 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS opened at $49.70 on Wednesday. The firm has a market cap of $14.58 billion, a P/E ratio of -23.89 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The company’s 50-day moving average price is $49.63 and its 200 day moving average price is $49.67.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.