PGIM Ultra Short Bond ETF $PULS Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 148.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 107,333 shares of the company’s stock after acquiring an additional 64,140 shares during the period. Wealthfront Advisers LLC’s holdings in PGIM Ultra Short Bond ETF were worth $5,323,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PULS. JPMorgan Chase & Co. lifted its stake in PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock valued at $1,882,557,000 after acquiring an additional 4,065,547 shares during the period. Bank of America Corp DE lifted its stake in PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after acquiring an additional 1,647,341 shares during the period. Ameriprise Financial Inc. lifted its stake in PGIM Ultra Short Bond ETF by 1,051.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock valued at $51,456,000 after acquiring an additional 942,934 shares during the period. Jones Financial Companies Lllp lifted its stake in PGIM Ultra Short Bond ETF by 39.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,163,891 shares of the company’s stock valued at $107,762,000 after acquiring an additional 615,683 shares during the period. Finally, UBS Group AG lifted its stake in PGIM Ultra Short Bond ETF by 16.9% during the 3rd quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock valued at $204,420,000 after acquiring an additional 591,642 shares during the period. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Down 0.3%

Shares of PULS stock opened at $49.56 on Friday. The stock has a market cap of $14.54 billion, a PE ratio of -23.83 and a beta of 0.01. The business has a 50-day simple moving average of $49.64 and a 200-day simple moving average of $49.69. PGIM Ultra Short Bond ETF has a 52-week low of $49.44 and a 52-week 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. PULS was launched on Apr 5, 2018 and is managed by PGIM.