PGIM Ultra Short Bond ETF $PULS Stock: Everest Financial Group LLC Increases Stake

Everest Financial Group LLC grew its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 449.1% during the third quarter, Holdings Channel reports. The institutional investor owned 115,354 shares of the company’s stock after acquiring an additional 94,347 shares during the quarter. Everest Financial Group LLC’s holdings in PGIM Ultra Short Bond ETF were worth $5,705,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of PULS. Fifth Third Bancorp lifted its position in PGIM Ultra Short Bond ETF by 4.0% during the third quarter. Fifth Third Bancorp now owns 319,725 shares of the company’s stock valued at $15,814,000 after acquiring an additional 12,162 shares during the last quarter. Advisor Resource Council acquired a new stake in PGIM Ultra Short Bond ETF in the third quarter valued at approximately $236,000. Macco Financial Group Inc. boosted its stake in PGIM Ultra Short Bond ETF by 21.9% in the third quarter. Macco Financial Group Inc. now owns 70,004 shares of the company’s stock valued at $3,462,000 after acquiring an additional 12,591 shares in the last quarter. Prospect Financial Group LLC boosted its stake in PGIM Ultra Short Bond ETF by 14.1% in the third quarter. Prospect Financial Group LLC now owns 14,233 shares of the company’s stock valued at $704,000 after acquiring an additional 1,754 shares in the last quarter. Finally, Lido Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF by 132.6% in the third quarter. Lido Advisors LLC now owns 82,905 shares of the company’s stock worth $4,100,000 after purchasing an additional 47,266 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Down 0.0%

Shares of PULS stock opened at $49.51 on Friday. PGIM Ultra Short Bond ETF has a 12-month low of $49.45 and a 12-month high of $49.82. The business’s fifty day simple moving average is $49.55 and its 200-day simple moving average is $49.62. The company has a market cap of $19.84 billion, a PE ratio of -23.80 and a beta of 0.02.

PGIM Ultra Short Bond ETF Company 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. PULS was launched on Apr 5, 2018 and is managed by PGIM.