Advisory Services Network LLC Buys 114,277 Shares of PGIM Ultra Short Bond ETF $PULS

Advisory Services Network LLC grew its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 293.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 153,228 shares of the company’s stock after buying an additional 114,277 shares during the period. Advisory Services Network LLC’s holdings in PGIM Ultra Short Bond ETF were worth $7,626,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Spire Wealth Management acquired a new position in PGIM Ultra Short Bond ETF in the 2nd quarter valued at approximately $31,000. Legacy Wealth Managment LLC ID bought a new stake in shares of PGIM Ultra Short Bond ETF during the second quarter valued at approximately $44,000. US Bancorp DE bought a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter valued at approximately $60,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 50.8% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock valued at $135,000 after purchasing an additional 911 shares in the last quarter. Finally, Vestor Capital LLC bought a new position in PGIM Ultra Short Bond ETF in the second quarter worth $184,000. 72.71% of the stock is owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

PULS opened at $49.71 on Monday. The company has a market capitalization of $13.25 billion, a P/E ratio of -23.90 and a beta of 0.01. The firm’s fifty day moving average price is $49.72 and its two-hundred day moving average price is $49.70. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.34 and a fifty-two week high of $49.84.

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.