PGIM Ultra Short Bond ETF $PULS Position Increased by Capital Analysts LLC

Capital Analysts LLC raised its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 91.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,059 shares of the company’s stock after buying an additional 29,616 shares during the quarter. Capital Analysts LLC’s holdings in PGIM Ultra Short Bond ETF were worth $3,078,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Diversify Advisory Services LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 19.6% in the third quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock worth $7,595,000 after purchasing an additional 25,105 shares in the last quarter. Seed Wealth Management Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 297.1% in the fourth quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after purchasing an additional 74,905 shares in the last quarter. Aptus Capital Advisors LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 6.2% in the third quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock worth $28,738,000 after purchasing an additional 33,902 shares in the last quarter. BlueStem Wealth Partners LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 19.5% in the third quarter. BlueStem Wealth Partners LLC now owns 105,778 shares of the company’s stock worth $5,271,000 after purchasing an additional 17,289 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 1,066.8% in the fourth quarter. Farther Finance Advisors LLC now owns 186,532 shares of the company’s stock worth $9,250,000 after purchasing an additional 170,546 shares in the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA PULS opened at $49.60 on Thursday. The company has a 50 day simple moving average of $49.62 and a 200-day simple moving average of $49.66. The firm has a market capitalization of $16.43 billion, a price-to-earnings ratio of -23.85 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week 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.