GWN Securities Inc. Invests $595,000 in PGIM Ultra Short Bond ETF $PULS

GWN Securities Inc. purchased a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,942 shares of the company’s stock, valued at approximately $595,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of PGIM Ultra Short Bond ETF by 15.8% in the 1st quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock worth $1,631,987,000 after buying an additional 4,479,846 shares in the last quarter. LPL Financial LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 38.1% in the 1st quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock worth $472,180,000 after buying an additional 2,618,786 shares in the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth about $250,500,000. Raymond James Financial Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 38.0% in the 1st quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock valued at $217,073,000 after purchasing an additional 1,202,781 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 1.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,567,987 shares of the company’s stock valued at $177,436,000 after purchasing an additional 34,545 shares in the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA:PULS opened at $49.81 on Wednesday. The firm has a market cap of $12.66 billion, a price-to-earnings ratio of -23.95 and a beta of 0.01. The company’s 50-day moving average is $49.74 and its two-hundred day moving average is $49.67. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month 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.