AFG Fiduciary Services Limited Partnership Raises Holdings in PGIM Ultra Short Bond ETF $PULS

AFG Fiduciary Services Limited Partnership boosted its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 9.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 224,313 shares of the company’s stock after purchasing an additional 19,993 shares during the period. PGIM Ultra Short Bond ETF comprises 2.5% of AFG Fiduciary Services Limited Partnership’s holdings, making the stock its 2nd largest position. AFG Fiduciary Services Limited Partnership’s holdings in PGIM Ultra Short Bond ETF were worth $11,139,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in PGIM Ultra Short Bond ETF by 2.7% in the second quarter. JPMorgan Chase & Co. now owns 33,714,033 shares of the company’s stock valued at $1,677,610,000 after buying an additional 897,077 shares during the period. Prudential Financial Inc. boosted its stake in shares of PGIM Ultra Short Bond ETF by 13.7% during the 2nd quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock worth $1,241,407,000 after acquiring an additional 2,999,297 shares during the period. Bank of America Corp DE increased its holdings in shares of 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 worth $543,576,000 after acquiring an additional 1,647,341 shares during the last quarter. Temasek Holdings Private Ltd bought a new stake in PGIM Ultra Short Bond ETF in the 1st quarter valued at $250,500,000. Finally, Charles Schwab Investment Management Inc. raised its stake in PGIM Ultra Short Bond ETF by 1.4% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,617,785 shares of the company’s stock valued at $180,021,000 after acquiring an additional 49,798 shares during the period. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.79 on Monday. The business has a fifty day simple moving average of $49.73 and a two-hundred day simple moving average of $49.71. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The company has a market capitalization of $13.32 billion, a price-to-earnings ratio of -23.94 and a beta of 0.01.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.