233,320 Shares of PGIM Ultra Short Bond ETF $PULS Acquired by Choice Wealth Advisors LLC

Choice Wealth Advisors LLC acquired a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 233,320 shares of the company’s stock, valued at approximately $11,540,000. PGIM Ultra Short Bond ETF accounts for approximately 4.0% of Choice Wealth Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Choice Wealth Advisors LLC owned about 0.06% of PGIM Ultra Short Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. PNC Financial Services Group Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 22.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after purchasing an additional 918,258 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of PGIM Ultra Short Bond ETF by 56.7% in the 1st quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after purchasing an additional 1,715,376 shares in the last quarter. Kensington Asset Management LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 103.2% in the 1st quarter. Kensington Asset Management LLC now owns 3,226,778 shares of the company’s stock worth $159,726,000 after purchasing an additional 1,638,630 shares in the last quarter. Royal Bank of Canada grew its stake in shares of PGIM Ultra Short Bond ETF by 2.5% in the 1st quarter. Royal Bank of Canada now owns 2,441,278 shares of the company’s stock worth $120,844,000 after buying an additional 59,415 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 56.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,049,668 shares of the company’s stock worth $101,561,000 after buying an additional 742,333 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock opened at $49.57 on Friday. PGIM Ultra Short Bond ETF has a twelve month low of $49.45 and a twelve month high of $49.83. The firm has a market cap of $19.70 billion, a PE ratio of -23.83 and a beta of 0.02. The business has a 50 day moving average of $49.59 and a 200 day moving average of $49.61.

PGIM Ultra Short Bond ETF Company 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. PULS was launched on Apr 5, 2018 and is managed by PGIM.