J.W. Cole Advisors Inc. Has $11.03 Million Stock Holdings in PGIM Ultra Short Bond ETF $PULS

J.W. Cole Advisors Inc. lifted its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 14.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 222,628 shares of the company’s stock after acquiring an additional 28,388 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $11,026,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PULS. Sound Income Strategies LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. acquired a new stake in shares of PGIM Ultra Short Bond ETF in the third quarter worth about $30,000. Rossby Financial LCC acquired a new stake in shares of PGIM Ultra Short Bond ETF in the third quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 394.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after buying an additional 513 shares during the last quarter. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of PGIM Ultra Short Bond ETF in the fourth quarter worth about $32,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:PULS opened at $49.58 on Friday. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84. The business has a 50-day moving average of $49.62 and a two-hundred day moving average of $49.67. The stock has a market capitalization of $16.33 billion, a P/E ratio of -23.84 and a beta of 0.02.

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.