PGIM Ultra Short Bond ETF $PULS is Fairvoy Private Wealth LLC’s 2nd Largest Position

Fairvoy Private Wealth LLC grew its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 325,323 shares of the company’s stock after acquiring an additional 21,464 shares during the period. PGIM Ultra Short Bond ETF accounts for 3.8% of Fairvoy Private Wealth LLC’s holdings, making the stock its 2nd biggest holding. Fairvoy Private Wealth LLC owned about 0.11% of PGIM Ultra Short Bond ETF worth $16,104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of PULS. Focus Partners Wealth grew its stake in PGIM Ultra Short Bond ETF by 318.3% in the first quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock worth $1,137,000 after purchasing an additional 17,394 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $330,000. Cerity Partners LLC bought a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $273,000. Betterment LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 5.2% in the 2nd quarter. Betterment LLC now owns 32,714 shares of the company’s stock worth $1,628,000 after buying an additional 1,628 shares during the period. Finally, Transamerica Financial Advisors LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 6.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock worth $2,748,000 after buying an additional 3,157 shares during the period. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS opened at $49.69 on Friday. The company has a market capitalization 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 12-month low of $49.50 and a 12-month high of $49.84. The business’s fifty day simple moving average is $49.64 and its 200-day simple moving average 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.