Sheets Smith Wealth Management Boosts Stock Position in PGIM Ultra Short Bond ETF $PULS

Sheets Smith Wealth Management boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 2.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,170 shares of the company’s stock after acquiring an additional 2,515 shares during the quarter. Sheets Smith Wealth Management’s holdings in PGIM Ultra Short Bond ETF were worth $4,984,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Larson Financial Group LLC boosted its holdings in PGIM Ultra Short Bond ETF by 1,663.9% during the 1st quarter. Larson Financial Group LLC now owns 1,076 shares of the company’s stock valued at $54,000 after acquiring an additional 1,015 shares during the period. Transce3nd LLC purchased a new position in PGIM Ultra Short Bond ETF during the 1st quarter valued at $57,000. US Bancorp DE purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth $60,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 41.8% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,794 shares of the company’s stock worth $89,000 after buying an additional 529 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of PGIM Ultra Short Bond ETF by 226.3% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 2,689 shares of the company’s stock worth $134,000 after buying an additional 1,865 shares during the period. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.79 on Wednesday. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.83. The stock has a market capitalization of $12.56 billion, a price-to-earnings ratio of -23.94 and a beta of 0.04. The stock has a fifty day simple moving average of $49.72 and a two-hundred day simple moving average of $49.64.

PGIM Ultra Short Bond ETF 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.