PGIM Ultra Short Bond ETF $PULS Shares Purchased by Innovative Wealth Building LLC

Innovative Wealth Building LLC increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 124.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,935 shares of the company’s stock after purchasing an additional 70,359 shares during the period. PGIM Ultra Short Bond ETF accounts for approximately 5.2% of Innovative Wealth Building LLC’s portfolio, making the stock its 4th largest position. Innovative Wealth Building LLC owned 0.05% of PGIM Ultra Short Bond ETF worth $6,316,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of PGIM Ultra Short Bond ETF by 15.8% during the first quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock worth $1,631,987,000 after purchasing an additional 4,479,846 shares in the last quarter. LPL Financial LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 38.1% during the first quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock worth $472,180,000 after purchasing an additional 2,618,786 shares in the last quarter. Temasek Holdings Private Ltd acquired a new position in shares of PGIM Ultra Short Bond ETF during the first quarter worth $250,500,000. Raymond James Financial Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 38.0% during the first quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock worth $217,073,000 after purchasing an additional 1,202,781 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in PGIM Ultra Short Bond ETF by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,567,987 shares of the company’s stock valued at $177,436,000 after acquiring an additional 34,545 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA PULS opened at $49.67 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The company has a market capitalization of $12.63 billion, a PE ratio of -23.88 and a beta of 0.04. The company has a fifty day moving average of $49.73 and a two-hundred day moving average of $49.65.

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.