PGIM Ultra Short Bond ETF $PULS Position Cut by Marshall Financial Group LLC

Marshall Financial Group LLC decreased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULSFree Report) by 10.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 143,600 shares of the company’s stock after selling 17,396 shares during the quarter. PGIM Ultra Short Bond ETF accounts for about 1.4% of Marshall Financial Group LLC’s holdings, making the stock its 14th biggest holding. Marshall Financial Group LLC’s holdings in PGIM Ultra Short Bond ETF were worth $7,156,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Temasek Holdings Private Ltd bought a new stake in PGIM Ultra Short Bond ETF in the 1st quarter valued at about $250,500,000. Prudential Financial Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 13.7% in the second quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock valued at $1,241,407,000 after purchasing an additional 2,999,297 shares during the period. Bank of America Corp DE raised its holdings in shares of PGIM Ultra Short Bond ETF by 17.8% during the second 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. Horizon Wealth Management LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the second quarter worth approximately $62,497,000. Finally, JPMorgan Chase & Co. boosted its position in shares of PGIM Ultra Short Bond ETF by 2.7% during the second quarter. JPMorgan Chase & Co. now owns 33,714,033 shares of the company’s stock worth $1,677,610,000 after buying an additional 897,077 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.75 on Friday. The stock’s 50 day moving average price is $49.72 and its 200 day moving average price is $49.70. The stock has a market cap of $13.28 billion, a P/E ratio of -23.92 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84.

PGIM Ultra Short Bond ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding PULS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM Ultra Short Bond ETF (NYSEARCA:PULSFree Report).

Institutional Ownership by Quarter for PGIM Ultra Short Bond ETF (NYSEARCA:PULS)

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