Fermata Advisors LLC Acquires 24,009 Shares of PGIM Ultra Short Bond ETF $PULS

Fermata Advisors LLC boosted its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 33.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,693 shares of the company’s stock after acquiring an additional 24,009 shares during the period. Fermata Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,791,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Anchor Investment Management LLC bought a new position in PGIM Ultra Short Bond ETF during the first quarter worth $25,000. Flagship Wealth Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the first quarter valued at about $25,000. Sound Income Strategies LLC lifted its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. acquired a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter worth about $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after buying an additional 513 shares during the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PULS stock opened at $49.57 on Thursday. The company has a market capitalization of $17.37 billion, a price-to-earnings ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84. The company has a 50-day simple moving average of $49.62 and a 200 day simple moving average of $49.64.

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.