Onyx Bridge Wealth Group LLC Increases Stock Holdings in PGIM Ultra Short Bond ETF $PULS

Onyx Bridge Wealth Group LLC increased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 318.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 219,146 shares of the company’s stock after purchasing an additional 166,816 shares during the period. PGIM Ultra Short Bond ETF makes up approximately 1.2% of Onyx Bridge Wealth Group LLC’s holdings, making the stock its 21st biggest holding. Onyx Bridge Wealth Group LLC’s holdings in PGIM Ultra Short Bond ETF were worth $10,863,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 1,346.2% during the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after purchasing an additional 525 shares during the period. Turim 21 Investimentos Ltda. purchased a new position in shares of PGIM Ultra Short Bond ETF in the third quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of PGIM Ultra Short Bond ETF by 394.6% in the fourth 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 during the period. Kingdom Financial Group LLC. acquired a new stake in PGIM Ultra Short Bond ETF during the 4th quarter valued at $32,000. Finally, Blue Trust Inc. grew its holdings in PGIM Ultra Short Bond ETF by 100,000.0% during the 4th quarter. Blue Trust Inc. now owns 1,001 shares of the company’s stock valued at $50,000 after purchasing an additional 1,000 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

PGIM Ultra Short Bond ETF stock opened at $49.70 on Friday. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The company has a market capitalization of $17.38 billion, a price-to-earnings ratio of -23.89 and a beta of 0.02. The firm’s fifty day moving average price is $49.64 and its 200 day moving average price is $49.66.

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.