PGIM Ultra Short Bond ETF $PULS Shares Sold by Leelyn Smith LLC

Leelyn Smith LLC decreased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 7.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 271,482 shares of the company’s stock after selling 22,604 shares during the period. PGIM Ultra Short Bond ETF comprises about 1.9% of Leelyn Smith LLC’s portfolio, making the stock its 10th largest holding. Leelyn Smith LLC owned approximately 0.09% of PGIM Ultra Short Bond ETF worth $13,438,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PULS. Bank of America Corp DE grew its position in shares of PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after buying an additional 1,647,341 shares during the last quarter. JPMorgan Chase & Co. raised its stake in PGIM Ultra Short Bond ETF by 4.3% during the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after acquiring an additional 1,631,142 shares during the period. Ameriprise Financial Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 1,051.8% in the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after acquiring an additional 942,934 shares during the last quarter. LPL Financial LLC lifted its holdings in PGIM Ultra Short Bond ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after acquiring an additional 869,510 shares during the last quarter. Finally, Blue Water Asset Management acquired a new position in PGIM Ultra Short Bond ETF in the fourth quarter valued at approximately $40,936,000. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.57 on Friday. The firm has a market capitalization of $17.37 billion, a PE ratio of -23.83 and a beta of 0.02. The stock has a 50 day moving average of $49.63 and a 200-day moving average of $49.66. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84.

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.