62,017 PGIM Ultra Short Bond ETF $PULS Shares Bought by Simplicity Wealth LLC

Simplicity Wealth LLC raised its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 206.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 92,059 shares of the company’s stock after acquiring an additional 62,017 shares during the period. Simplicity Wealth LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,553,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Sowell Financial Services LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 1,271.7% during the third quarter. Sowell Financial Services LLC now owns 137,747 shares of the company’s stock valued at $6,813,000 after buying an additional 127,705 shares in the last quarter. Beaumont Financial Advisors LLC raised its position in PGIM Ultra Short Bond ETF by 26.7% during the third quarter. Beaumont Financial Advisors LLC now owns 7,637 shares of the company’s stock valued at $378,000 after buying an additional 1,610 shares during the period. Mills Wealth Advisors LLC raised its position in PGIM Ultra Short Bond ETF by 5.3% during the third quarter. Mills Wealth Advisors LLC now owns 16,451 shares of the company’s stock valued at $814,000 after buying an additional 826 shares during the period. Curry Webb Wealth Management LLC acquired a new position in PGIM Ultra Short Bond ETF during the third quarter valued at $184,000. Finally, Visionary Horizons LLC acquired a new position in PGIM Ultra Short Bond ETF during the third quarter valued at $826,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.58 on Monday. The stock has a 50-day moving average price of $49.58 and a 200 day moving average price of $49.61. The company has a market cap of $19.81 billion, a P/E ratio of -23.84 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 1 year low of $49.45 and a 1 year high of $49.83.

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.