Core Wealth Advisors LLC Acquires Shares of 180,634 PGIM Ultra Short Bond ETF $PULS

Core Wealth Advisors LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 180,634 shares of the company’s stock, valued at approximately $8,958,000. PGIM Ultra Short Bond ETF comprises 5.5% of Core Wealth Advisors LLC’s holdings, making the stock its 6th largest position. Core Wealth Advisors LLC owned about 0.07% of PGIM Ultra Short Bond ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of PGIM Ultra Short Bond ETF by 12.1% in 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 in the last quarter. Bank of America Corp DE increased its stake in shares of PGIM Ultra Short Bond ETF by 2.0% in the 3rd quarter. Bank of America Corp DE now owns 11,139,193 shares of the company’s stock valued at $555,066,000 after purchasing an additional 215,246 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 5.7% in the 3rd quarter. Raymond James Financial Inc. now owns 4,348,595 shares of the company’s stock valued at $216,691,000 after purchasing an additional 236,042 shares in the last quarter. UBS Group AG increased its stake in shares of PGIM Ultra Short Bond ETF by 16.9% in the 3rd quarter. UBS Group AG now owns 4,102,346 shares of the company’s stock valued at $204,420,000 after purchasing an additional 591,642 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 5.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,021,393 shares of the company’s stock valued at $199,421,000 after purchasing an additional 221,413 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Down 0.3%

Shares of PGIM Ultra Short Bond ETF stock opened at $49.56 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $49.50 and a twelve month high of $49.84. The business has a 50-day moving average price of $49.63 and a 200 day moving average price of $49.67. The firm has a market cap of $14.54 billion, a PE ratio of -23.83 and a beta of 0.02.

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.