Benjamin Edwards Inc. Boosts Stock Position in PGIM Ultra Short Bond ETF $PULS

Benjamin Edwards Inc. boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.5% during the third quarter, Holdings Channel reports. The firm owned 204,357 shares of the company’s stock after acquiring an additional 10,651 shares during the quarter. Benjamin Edwards Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $10,183,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Spire Wealth Management purchased a new stake in PGIM Ultra Short Bond ETF in the 2nd quarter worth approximately $31,000. Legacy Wealth Managment LLC ID purchased a new position in shares of PGIM Ultra Short Bond ETF during the second quarter valued at approximately $44,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 50.8% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,705 shares of the company’s stock valued at $135,000 after acquiring an additional 911 shares in the last quarter. Vestor Capital LLC purchased a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $184,000. Finally, KPP Advisory Services LLC purchased a new stake in PGIM Ultra Short Bond ETF in the second quarter worth $201,000. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.64 on Friday. The company’s fifty day simple moving average is $49.70 and its two-hundred day simple moving average is $49.71. The company has a market cap of $13.32 billion, a P/E ratio of -23.87 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. PULS was launched on Apr 5, 2018 and is managed by PGIM.