PGIM Ultra Short Bond ETF $PULS is AFG Fiduciary Services Limited Partnership’s 5th Largest Position

AFG Fiduciary Services Limited Partnership increased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 8.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 242,701 shares of the company’s stock after purchasing an additional 18,388 shares during the period. PGIM Ultra Short Bond ETF accounts for about 0.6% of AFG Fiduciary Services Limited Partnership’s holdings, making the stock its 5th biggest position. AFG Fiduciary Services Limited Partnership’s holdings in PGIM Ultra Short Bond ETF were worth $12,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in PGIM Ultra Short Bond ETF by 12.1% during the third quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock worth $1,882,557,000 after buying an additional 4,065,547 shares in the last quarter. Prudential Financial Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 13.7% in the second quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock valued at $1,241,407,000 after acquiring an additional 2,999,297 shares in the last quarter. Bank of America Corp DE lifted its position in shares of PGIM Ultra Short Bond ETF by 2.0% in the third quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock valued at $555,066,000 after acquiring an additional 215,246 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of PGIM Ultra Short Bond ETF by 5.7% during the third quarter. Raymond James Financial Inc. now owns 4,348,595 shares of the company’s stock valued at $216,691,000 after acquiring an additional 236,042 shares during the last quarter. Finally, UBS Group AG boosted its stake in shares of PGIM Ultra Short Bond ETF by 16.9% during the third quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock valued at $204,420,000 after acquiring an additional 591,642 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Down 0.0%

PGIM Ultra Short Bond ETF stock opened at $49.62 on Friday. The stock has a 50-day moving average price of $49.69 and a 200 day moving average price of $49.71. PGIM Ultra Short Bond ETF has a 52 week low of $49.34 and a 52 week high of $49.84. The stock has a market cap of $14.29 billion, a PE ratio of -23.86 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1654 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. PGIM Ultra Short Bond ETF’s payout ratio is -112.02%.

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.