PGIM Ultra Short Bond ETF $PULS Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 43.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 940,649 shares of the company’s stock after buying an additional 286,834 shares during the quarter. Private Advisor Group LLC owned 0.32% of PGIM Ultra Short Bond ETF worth $46,562,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Spinnaker Investment Group LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 3.6% during the fourth quarter. Spinnaker Investment Group LLC now owns 5,766 shares of the company’s stock valued at $286,000 after purchasing an additional 202 shares during the period. JT Stratford LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 2.3% in the third quarter. JT Stratford LLC now owns 10,055 shares of the company’s stock valued at $501,000 after purchasing an additional 222 shares during the period. Cullen Frost Bankers Inc. grew its holdings in PGIM Ultra Short Bond ETF by 9.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,202 shares of the company’s stock valued at $208,000 after purchasing an additional 361 shares in the last quarter. Captrust Financial Advisors grew its holdings in PGIM Ultra Short Bond ETF by 2.0% during the 2nd quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock valued at $898,000 after purchasing an additional 361 shares in the last quarter. Finally, Friedenthal Financial increased its stake in PGIM Ultra Short Bond ETF by 2.0% during the 1st quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock worth $943,000 after buying an additional 377 shares during the period. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

PGIM Ultra Short Bond ETF stock opened at $49.57 on Friday. 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 capitalization of $17.37 billion, a price-to-earnings ratio of -23.83 and a beta of 0.02. The firm’s fifty day moving average price is $49.64 and its 200 day moving average price is $49.66.

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.