Symphony Financial Ltd. Co. Boosts Stock Position in PGIM Ultra Short Bond ETF $PULS

Symphony Financial Ltd. Co. grew its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4,590.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 439,891 shares of the company’s stock after buying an additional 430,512 shares during the quarter. Symphony Financial Ltd. Co.’s holdings in PGIM Ultra Short Bond ETF were worth $21,838,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in PULS. Temasek Holdings Private Ltd bought a new stake in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth about $250,500,000. JPMorgan Chase & Co. grew its stake in PGIM Ultra Short Bond ETF by 15.8% in 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 increased its holdings in PGIM Ultra Short Bond ETF by 38.1% in the first quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock valued at $472,180,000 after buying an additional 2,618,786 shares during the last quarter. Horizon Wealth Management LLC acquired a new stake in PGIM Ultra Short Bond ETF during the second quarter valued at approximately $62,497,000. Finally, Raymond James Financial Inc. lifted its holdings in PGIM Ultra Short Bond ETF by 38.0% during the 1st quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock worth $217,073,000 after buying an additional 1,202,781 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS stock opened at $49.72 on Monday. The firm has a market cap of $12.64 billion, a P/E ratio of -23.90 and a beta of 0.01. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84. The stock’s 50 day simple moving average is $49.73 and its 200 day simple moving average is $49.69.

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.