Beaumont Asset Management L.L.C. Boosts Holdings in PGIM Ultra Short Bond ETF $PULS

Beaumont Asset Management L.L.C. increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1,058.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,332 shares of the company’s stock after purchasing an additional 104,464 shares during the quarter. PGIM Ultra Short Bond ETF makes up approximately 2.5% of Beaumont Asset Management L.L.C.’s holdings, making the stock its 10th biggest holding. Beaumont Asset Management L.L.C.’s holdings in PGIM Ultra Short Bond ETF were worth $5,659,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PULS. Spinnaker Investment Group LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 3.6% in the 4th quarter. Spinnaker Investment Group LLC now owns 5,766 shares of the company’s stock worth $286,000 after purchasing an additional 202 shares during the last quarter. JT Stratford LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 2.3% in the 3rd quarter. JT Stratford LLC now owns 10,055 shares of the company’s stock valued at $501,000 after purchasing an additional 222 shares during the period. Cullen Frost Bankers Inc. raised its stake in shares of PGIM Ultra Short Bond ETF by 9.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 4,202 shares of the company’s stock valued at $208,000 after purchasing an additional 361 shares during the period. Captrust Financial Advisors lifted its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% in the second quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock valued at $898,000 after purchasing an additional 361 shares in the last quarter. Finally, Friedenthal Financial lifted its position in shares of PGIM Ultra Short Bond ETF by 2.0% in the first quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock worth $943,000 after purchasing an additional 377 shares in the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock opened at $49.70 on Friday. The company has a market cap of $17.38 billion, a price-to-earnings ratio of -23.89 and a beta of 0.02. 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 $49.64 and a two-hundred day moving average price of $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.