Embree Financial Group Acquires 61,789 Shares of PGIM Ultra Short Bond ETF $PULS

Embree Financial Group boosted its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 34.9% during the third quarter, Holdings Channel reports. The fund owned 238,875 shares of the company’s stock after acquiring an additional 61,789 shares during the period. PGIM Ultra Short Bond ETF makes up approximately 1.6% of Embree Financial Group’s holdings, making the stock its 16th biggest holding. Embree Financial Group’s holdings in PGIM Ultra Short Bond ETF were worth $11,903,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PULS. KWB Wealth raised its position in PGIM Ultra Short Bond ETF by 40.9% in the 2nd quarter. KWB Wealth now owns 7,348 shares of the company’s stock worth $365,000 after purchasing an additional 2,134 shares during the last quarter. Truist Financial Corp boosted its position in PGIM Ultra Short Bond ETF by 1.5% in the 2nd quarter. Truist Financial Corp now owns 147,721 shares of the company’s stock valued at $7,351,000 after buying an additional 2,127 shares during the last quarter. Avantax Advisory Services Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 9.0% in the 2nd quarter. Avantax Advisory Services Inc. now owns 863,066 shares of the company’s stock valued at $42,946,000 after buying an additional 71,398 shares during the period. Baird Financial Group Inc. raised its position in shares of PGIM Ultra Short Bond ETF by 38.6% during the second quarter. Baird Financial Group Inc. now owns 148,443 shares of the company’s stock worth $7,387,000 after acquiring an additional 41,324 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of PGIM Ultra Short Bond ETF by 9.3% during the second quarter. Janney Montgomery Scott LLC now owns 145,276 shares of the company’s stock worth $7,229,000 after acquiring an additional 12,353 shares during the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.1%

PGIM Ultra Short Bond ETF stock opened at $49.75 on Friday. The business’s 50-day simple moving average is $49.72 and its 200 day simple moving average is $49.70. The stock has a market cap of $13.28 billion, a price-to-earnings 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

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.