Janney Montgomery Scott LLC Boosts Stake in PGIM Ultra Short Bond ETF $PULS

Janney Montgomery Scott LLC boosted its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 30.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 563,607 shares of the company’s stock after buying an additional 132,948 shares during the quarter. Janney Montgomery Scott LLC owned 0.19% of PGIM Ultra Short Bond ETF worth $27,899,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of PULS. Onyx Bridge Wealth Group LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 318.8% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 219,146 shares of the company’s stock valued at $10,863,000 after acquiring an additional 166,816 shares during the last quarter. Beaumont Asset Management L.L.C. lifted its position in PGIM Ultra Short Bond ETF by 1,058.6% during the first quarter. Beaumont Asset Management L.L.C. now owns 114,332 shares of the company’s stock valued at $5,659,000 after purchasing an additional 104,464 shares during the period. Riverstone Advisors LLC bought a new position in PGIM Ultra Short Bond ETF during the first quarter valued at approximately $589,000. Fairvoy Private Wealth LLC boosted its holdings in PGIM Ultra Short Bond ETF by 7.1% in the first quarter. Fairvoy Private Wealth LLC now owns 325,323 shares of the company’s stock worth $16,104,000 after purchasing an additional 21,464 shares during the last quarter. Finally, Kestra Private Wealth Services LLC purchased a new stake in PGIM Ultra Short Bond ETF in the first quarter worth approximately $484,000. 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 Tuesday. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84. The company has a market cap of $17.39 billion, a PE ratio of -23.90 and a beta of 0.02. The company has a 50 day simple moving average of $49.64 and a two-hundred day simple moving average of $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. PULS was launched on Apr 5, 2018 and is managed by PGIM.