WealthBridge Capital Management LLC Acquires New Shares in PGIM Ultra Short Bond ETF $PULS

WealthBridge Capital Management LLC acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,634 shares of the company’s stock, valued at approximately $724,000.

A number of other institutional investors also recently bought and sold shares of PULS. BOS Asset Management LLC increased its position in shares of PGIM Ultra Short Bond ETF by 28.0% in the third quarter. BOS Asset Management LLC now owns 476,689 shares of the company’s stock valued at $23,577,000 after buying an additional 104,288 shares in the last quarter. Macco Financial Group Inc. acquired a new position in shares of PGIM Ultra Short Bond ETF during the 1st quarter worth $1,244,000. Valmark Advisers Inc. boosted its position in shares of PGIM Ultra Short Bond ETF by 47.7% in the 1st quarter. Valmark Advisers Inc. now owns 69,201 shares of the company’s stock worth $3,425,000 after buying an additional 22,350 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of PGIM Ultra Short Bond ETF by 111.7% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 95,645 shares of the company’s stock worth $4,739,000 after buying an additional 50,456 shares in the last quarter. Finally, World Investment Advisors boosted its position in shares of PGIM Ultra Short Bond ETF by 658.6% in the 1st quarter. World Investment Advisors now owns 43,527 shares of the company’s stock worth $2,155,000 after buying an additional 37,789 shares in the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS traded up $0.02 during trading hours on Friday, reaching $49.57. The company’s stock had a trading volume of 3,056,016 shares, compared to its average volume of 2,882,666. The stock has a market cap of $19.70 billion, a PE ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.45 and a fifty-two week high of $49.83. The company’s 50-day moving average is $49.59 and its two-hundred day moving average is $49.61.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.