U.S. Capital Wealth Advisors LLC Boosts Position in PGIM Ultra Short Bond ETF $PULS

U.S. Capital Wealth Advisors LLC increased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 117.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,484 shares of the company’s stock after buying an additional 38,667 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,562,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Embree Financial Group increased its position in PGIM Ultra Short Bond ETF by 34.9% during the third quarter. Embree Financial Group now owns 238,875 shares of the company’s stock worth $11,903,000 after buying an additional 61,789 shares in the last quarter. KWB Wealth boosted its stake in shares of PGIM Ultra Short Bond ETF by 40.9% during the second quarter. KWB Wealth now owns 7,348 shares of the company’s stock valued at $365,000 after acquiring an additional 2,134 shares during the last quarter. Truist Financial Corp boosted its stake in shares of PGIM Ultra Short Bond ETF by 1.5% during the second quarter. Truist Financial Corp now owns 147,721 shares of the company’s stock valued at $7,351,000 after acquiring an additional 2,127 shares during the last quarter. Avantax Advisory Services Inc. increased its position in PGIM Ultra Short Bond ETF by 9.0% during the 2nd quarter. Avantax Advisory Services Inc. now owns 863,066 shares of the company’s stock worth $42,946,000 after purchasing an additional 71,398 shares in the last quarter. Finally, Baird Financial Group Inc. raised its stake in PGIM Ultra Short Bond ETF by 38.6% in the 2nd quarter. Baird Financial Group Inc. now owns 148,443 shares of the company’s stock valued at $7,387,000 after purchasing an additional 41,324 shares during the last quarter. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA:PULS opened at $49.76 on Friday. The firm has a market cap of $13.28 billion, a price-to-earnings ratio of -23.92 and a beta of 0.01. The company’s 50-day moving average is $49.72 and its two-hundred day moving average is $49.71. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month 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.