PGIM Ultra Short Bond ETF $PULS Position Lifted by 1 North Wealth Services LLC

1 North Wealth Services LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.3% during the 4th quarter, HoldingsChannel reports. The fund owned 260,032 shares of the company’s stock after acquiring an additional 10,747 shares during the quarter. PGIM Ultra Short Bond ETF comprises approximately 4.5% of 1 North Wealth Services LLC’s portfolio, making the stock its 6th biggest holding. 1 North Wealth Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $12,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of PULS. Sound Income Strategies LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after acquiring an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $30,000. Rossby Financial LCC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after purchasing an additional 513 shares during the period. Finally, Kingdom Financial Group LLC. bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $32,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS stock opened at $49.64 on Friday. The company has a market capitalization of $17.10 billion, a price-to-earnings ratio of -23.87 and a beta of 0.02. PGIM Ultra Short Bond ETF has a one year low of $49.50 and a one year high of $49.84. The company’s fifty day moving average price is $49.62 and its 200-day moving average price is $49.66.

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.