Capital Financial Group Inc. Co. ADV Takes $1.05 Million Position in PGIM Ultra Short Bond ETF $PULS

Capital Financial Group Inc. Co. ADV bought a new stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, HoldingsChannel reports. The firm bought 21,141 shares of the company’s stock, valued at approximately $1,048,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position 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 buying an additional 4,065,547 shares in the last quarter. Bank of America Corp DE increased its position in PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after buying an additional 1,647,341 shares in the last quarter. Ameriprise Financial Inc. increased its position in PGIM Ultra Short Bond ETF by 1,051.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock valued at $51,456,000 after buying an additional 942,934 shares in the last quarter. LPL Financial LLC increased its position in PGIM Ultra Short Bond ETF by 8.5% during the 4th quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock valued at $552,837,000 after buying an additional 869,510 shares in the last quarter. Finally, Blue Water Asset Management bought a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth $40,936,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock opened at $49.64 on Tuesday. The firm has a market cap of $17.10 billion, a price-to-earnings ratio of -23.87 and a beta of 0.02. The stock has a fifty day simple moving average of $49.63 and a two-hundred day simple moving average of $49.66. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84.

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.