Northwest Financial Advisors Acquires 1,357 Shares of PGIM Ultra Short Bond ETF $PULS

Northwest Financial Advisors lifted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,415 shares of the company’s stock after purchasing an additional 1,357 shares during the period. Northwest Financial Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $618,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 15.8% during the 1st quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock valued at $1,631,987,000 after purchasing an additional 4,479,846 shares during the last quarter. LPL Financial LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 38.1% during the 1st quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock valued at $472,180,000 after purchasing an additional 2,618,786 shares during the last quarter. Temasek Holdings Private Ltd bought a new position in shares of PGIM Ultra Short Bond ETF during the 1st quarter valued at $250,500,000. Raymond James Financial Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 38.0% during 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 1.0% during 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 during the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS stock opened at $49.81 on Wednesday. PGIM Ultra Short Bond ETF has a 52 week low of $49.34 and a 52 week high of $49.84. The firm’s fifty day moving average is $49.74 and its 200 day moving average is $49.67. The firm has a market cap of $12.66 billion, a P/E ratio of -23.95 and a beta of 0.01.

PGIM Ultra Short Bond ETF 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.