Clearwave Capital LLC Acquires 17,836 Shares of PGIM Ultra Short Bond ETF $PULS

Clearwave Capital LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 155,999 shares of the company’s stock after acquiring an additional 17,836 shares during the period. PGIM Ultra Short Bond ETF makes up about 5.3% of Clearwave Capital LLC’s portfolio, making the stock its biggest position. Clearwave Capital LLC owned about 0.05% of PGIM Ultra Short Bond ETF worth $7,722,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew 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 worth $543,576,000 after purchasing an additional 1,647,341 shares during the period. JPMorgan Chase & Co. raised its stake in shares of PGIM Ultra Short Bond ETF by 4.3% during the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock valued at $1,954,378,000 after buying an additional 1,631,142 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 1,051.8% in 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 during the period. LPL Financial LLC boosted its stake in shares of PGIM Ultra Short Bond ETF by 8.5% in the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after buying an additional 869,510 shares during the last quarter. Finally, Blue Water Asset Management purchased a new stake in shares of PGIM Ultra Short Bond ETF in the fourth quarter worth about $40,936,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

Shares of PULS stock opened at $49.59 on Wednesday. The stock has a 50 day moving average of $49.63 and a 200 day moving average of $49.65. The stock has a market cap of $17.38 billion, a P/E ratio of -23.84 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.

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.