PGIM Ultra Short Bond ETF $PULS Position Raised by Bulwark Capital Corp

Bulwark Capital Corp increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 128.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 157,369 shares of the company’s stock after acquiring an additional 88,470 shares during the period. PGIM Ultra Short Bond ETF makes up about 5.5% of Bulwark Capital Corp’s portfolio, making the stock its 5th biggest holding. Bulwark Capital Corp owned about 0.06% of PGIM Ultra Short Bond ETF worth $7,804,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock valued at $1,882,557,000 after purchasing an additional 4,065,547 shares during the last quarter. Bank of America Corp DE raised its stake in shares of PGIM Ultra Short Bond ETF by 17.8% in the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after purchasing an additional 1,647,341 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 1,051.8% in the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after purchasing an additional 942,934 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 269.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 936,430 shares of the company’s stock worth $46,597,000 after purchasing an additional 682,812 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in PGIM Ultra Short Bond ETF by 39.8% in the third quarter. Jones Financial Companies Lllp now owns 2,163,891 shares of the company’s stock valued at $107,762,000 after buying an additional 615,683 shares during the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

Shares of NYSEARCA:PULS opened at $49.65 on Wednesday. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84. The company’s 50 day moving average is $49.69 and its 200 day moving average is $49.71. The company has a market cap of $14.38 billion, a PE ratio of -23.87 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

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

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