Elevation Point Wealth Partners LLC Purchases Shares of 45,846 PGIM Ultra Short Bond ETF $PULS

Elevation Point Wealth Partners LLC acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 45,846 shares of the company’s stock, valued at approximately $2,278,000.

A number of other hedge funds have also modified their holdings of PULS. Diversify Advisory Services LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 19.6% during the third quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock valued at $7,595,000 after acquiring an additional 25,105 shares during the last quarter. Seed Wealth Management Inc. grew its holdings in 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 valued at $4,965,000 after purchasing an additional 74,905 shares during the period. Farther Finance Advisors LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 1,066.8% during the 4th quarter. Farther Finance Advisors LLC now owns 186,532 shares of the company’s stock valued at $9,250,000 after buying an additional 170,546 shares during the period. Embree Financial Group increased its stake in PGIM Ultra Short Bond ETF by 85.1% during the fourth quarter. Embree Financial Group now owns 442,084 shares of the company’s stock worth $21,923,000 after acquiring an additional 203,209 shares during the last quarter. Finally, BOS Asset Management LLC increased its position in PGIM Ultra Short Bond ETF by 58.9% during the 4th quarter. BOS Asset Management LLC now owns 132,080 shares of the company’s stock worth $6,550,000 after purchasing an additional 48,958 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

PGIM Ultra Short Bond ETF stock opened at $49.57 on Friday. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84. The firm has a market capitalization of $17.37 billion, a P/E ratio of -23.83 and a beta of 0.02. The firm has a fifty day moving average of $49.63 and a 200-day moving average of $49.66.

About PGIM Ultra Short Bond ETF

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.