Ameritas Advisory Services LLC Buys 309,231 Shares of PGIM Ultra Short Bond ETF $PULS

Ameritas Advisory Services LLC raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 431.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 380,935 shares of the company’s stock after acquiring an additional 309,231 shares during the period. Ameritas Advisory Services LLC’s holdings in PGIM Ultra Short Bond ETF were worth $18,891,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PULS. Seed Wealth Management Inc. increased its position in PGIM Ultra Short Bond ETF by 297.1% during the 4th quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock valued at $4,965,000 after purchasing an additional 74,905 shares during the period. Diversify Advisory Services LLC grew its position in PGIM Ultra Short Bond ETF by 19.6% in the 3rd quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock valued at $7,595,000 after purchasing an additional 25,105 shares during the period. Aptus Capital Advisors LLC grew its position in PGIM Ultra Short Bond ETF by 6.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock valued at $28,738,000 after purchasing an additional 33,902 shares during the period. BlueStem Wealth Partners LLC grew its position in PGIM Ultra Short Bond ETF by 19.5% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 105,778 shares of the company’s stock valued at $5,271,000 after purchasing an additional 17,289 shares during the period. Finally, Embree Financial Group grew its position in PGIM Ultra Short Bond ETF by 85.1% in the 4th quarter. Embree Financial Group now owns 442,084 shares of the company’s stock valued at $21,923,000 after purchasing an additional 203,209 shares during the period. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA PULS opened at $49.63 on Wednesday. The company has a fifty day simple moving average of $49.62 and a 200 day simple moving average of $49.68. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The company has a market cap of $14.56 billion, a P/E ratio of -23.86 and a beta of 0.02.

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.