PGIM Ultra Short Bond ETF $PULS Shares Newly Bought by Financial Planning Navigators CORP

Financial Planning Navigators CORP acquired a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 52,408 shares of the company’s stock, valued at approximately $2,592,000. PGIM Ultra Short Bond ETF comprises approximately 0.9% of Financial Planning Navigators CORP’s holdings, making the stock its 19th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tempus Wealth Planning LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 4.8% in the 3rd quarter. Tempus Wealth Planning LLC now owns 17,453 shares of the company’s stock valued at $863,000 after purchasing an additional 800 shares during the period. Shore Point Advisors LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 4.2% during the 3rd quarter. Shore Point Advisors LLC now owns 252,696 shares of the company’s stock valued at $12,364,000 after purchasing an additional 10,271 shares in the last quarter. Focus Financial Network Inc. grew its stake in PGIM Ultra Short Bond ETF by 164.9% during the third quarter. Focus Financial Network Inc. now owns 17,055 shares of the company’s stock worth $845,000 after purchasing an additional 10,616 shares during the period. 4WEALTH Advisors Inc. grew its stake in PGIM Ultra Short Bond ETF by 10.8% during the third quarter. 4WEALTH Advisors Inc. now owns 45,574 shares of the company’s stock worth $2,261,000 after purchasing an additional 4,426 shares during the period. Finally, Ifrah Financial Services Inc. grew its stake in PGIM Ultra Short Bond ETF by 1.9% during the third quarter. Ifrah Financial Services Inc. now owns 135,805 shares of the company’s stock worth $6,717,000 after purchasing an additional 2,495 shares during the period. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS stock traded up $0.02 during mid-day trading on Wednesday, reaching $49.55. The company’s stock had a trading volume of 3,897,180 shares, compared to its average volume of 2,882,446. The company has a market cap of $19.66 billion, a price-to-earnings ratio of -23.82 and a beta of 0.02. The business’s 50 day moving average price is $49.59 and its 200 day moving average price is $49.61. PGIM Ultra Short Bond ETF has a 12 month low of $49.45 and a 12 month high of $49.83.

PGIM Ultra Short Bond ETF Company 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.