Financial Consulate Inc. Has $5.92 Million Stock Holdings in PGIM Ultra Short Bond ETF $PULS

Financial Consulate Inc. grew its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 119,032 shares of the company’s stock after buying an additional 1,608 shares during the period. PGIM Ultra Short Bond ETF accounts for about 1.2% of Financial Consulate Inc.’s holdings, making the stock its 14th biggest holding. Financial Consulate Inc.’s holdings in PGIM Ultra Short Bond ETF were worth $5,923,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Larson Financial Group LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 1,663.9% in the first quarter. Larson Financial Group LLC now owns 1,076 shares of the company’s stock valued at $54,000 after buying an additional 1,015 shares during the period. Transce3nd LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF in the first quarter valued at about $57,000. US Bancorp DE acquired a new stake in shares of PGIM Ultra Short Bond ETF in the first quarter valued at about $60,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 41.8% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,794 shares of the company’s stock valued at $89,000 after buying an additional 529 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its stake in PGIM Ultra Short Bond ETF by 226.3% during the first quarter. GPS Wealth Strategies Group LLC now owns 2,689 shares of the company’s stock worth $134,000 after purchasing an additional 1,865 shares during the period. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA PULS opened at $49.83 on Wednesday. The business has a 50 day simple moving average of $49.73 and a 200 day simple moving average of $49.65. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The stock has a market capitalization of $12.63 billion, a P/E ratio of -23.96 and a beta of 0.04.

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.