PGIM Ultra Short Bond ETF $PULS Shares Purchased by Brookstone Capital Management

Brookstone Capital Management increased its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 127.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,291 shares of the company’s stock after acquiring an additional 90,495 shares during the period. Brookstone Capital Management’s holdings in PGIM Ultra Short Bond ETF were worth $8,026,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in PULS. Daymark Wealth Partners LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 22.4% in the first quarter. Daymark Wealth Partners LLC now owns 42,593 shares of the company’s stock valued at $2,118,000 after acquiring an additional 7,805 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 975.5% in the first quarter. Golden State Wealth Management LLC now owns 15,358 shares of the company’s stock valued at $764,000 after acquiring an additional 13,930 shares in the last quarter. Perigon Wealth Management LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 40.2% in the first quarter. Perigon Wealth Management LLC now owns 91,992 shares of the company’s stock valued at $4,575,000 after acquiring an additional 26,379 shares in the last quarter. Goldstein Advisors LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 154.8% in the first quarter. Goldstein Advisors LLC now owns 70,507 shares of the company’s stock valued at $3,506,000 after acquiring an additional 42,833 shares in the last quarter. Finally, Shore Point Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF in the first quarter valued at approximately $299,000. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

PGIM Ultra Short Bond ETF stock opened at $49.78 on Thursday. The firm has a 50 day simple moving average of $49.74 and a 200-day simple moving average of $49.66. The stock has a market capitalization of $12.65 billion, a PE ratio of -23.93 and a beta of 0.04. PGIM Ultra Short Bond ETF has a 12-month low of $49.34 and a 12-month high of $49.84.

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.