Valeo Financial Advisors LLC Grows Stock Holdings in PGIM Ultra Short Bond ETF $PULS

Valeo Financial Advisors LLC grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 1,122.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 531,291 shares of the company’s stock after purchasing an additional 487,841 shares during the period. PGIM Ultra Short Bond ETF makes up 0.6% of Valeo Financial Advisors LLC’s portfolio, making the stock its 28th biggest holding. Valeo Financial Advisors LLC owned about 0.20% of PGIM Ultra Short Bond ETF worth $26,347,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sound Income Strategies LLC grew its position 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 valued at $28,000 after purchasing an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. purchased a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $30,000. Rossby Financial LCC purchased a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. grew its position 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 valued at $32,000 after purchasing an additional 513 shares in the last quarter. Finally, Assetmark Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 667.4% during the 3rd quarter. Assetmark Inc. now owns 683 shares of the company’s stock valued at $34,000 after purchasing an additional 594 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 Price Performance

PULS opened at $49.62 on Monday. The company has a fifty day moving average price of $49.63 and a 200-day moving average price of $49.68. The firm has a market capitalization of $14.56 billion, a P/E ratio of -23.86 and a beta of 0.02. PGIM Ultra Short Bond ETF has a one year low of $49.50 and a one year high of $49.84.

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.