Corient Private Wealth LLC Buys Shares of 35,783 PGIM Ultra Short Bond ETF $PULS

Corient Private Wealth LLC purchased a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 35,783 shares of the company’s stock, valued at approximately $1,774,000.

Other hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after purchasing an additional 525 shares during the period. Turim 21 Investimentos Ltda. purchased a new stake in PGIM Ultra Short Bond ETF during the 3rd quarter worth approximately $30,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in 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 worth $32,000 after buying an additional 513 shares during the period. Kingdom Financial Group LLC. acquired a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $32,000. Finally, Blue Trust Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 100,000.0% during the 4th quarter. Blue Trust Inc. now owns 1,001 shares of the company’s stock worth $50,000 after buying an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of PULS stock opened at $49.71 on Tuesday. The firm has a 50 day moving average of $49.64 and a two-hundred day moving average of $49.66. The stock has a market capitalization of $17.39 billion, a PE ratio of -23.90 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84.

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.