Fifth Third Bancorp Has $13.79 Million Stock Holdings in PGIM Ultra Short Bond ETF $PULS

Fifth Third Bancorp increased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 2,294.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 278,538 shares of the company’s stock after purchasing an additional 266,906 shares during the period. Fifth Third Bancorp owned approximately 0.09% of PGIM Ultra Short Bond ETF worth $13,788,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PULS. Sound Income Strategies LLC grew its position in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares during the period. Turim 21 Investimentos Ltda. bought a new position in PGIM Ultra Short Bond ETF during the third quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in PGIM Ultra Short Bond ETF by 394.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares during the period. Kingdom Financial Group LLC. acquired a new stake in PGIM Ultra Short Bond ETF in the fourth quarter worth $32,000. Finally, Blue Trust Inc. increased its stake in PGIM Ultra Short Bond ETF by 100,000.0% in the fourth quarter. Blue Trust Inc. now owns 1,001 shares of the company’s stock valued at $50,000 after purchasing an additional 1,000 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PULS stock opened at $49.61 on Wednesday. The stock has a market capitalization of $17.38 billion, a PE ratio of -23.85 and a beta of 0.02. The company’s 50-day moving average is $49.62 and its 200-day moving average is $49.65. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 year 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.