EverSource Wealth Advisors LLC Purchases 10,679 Shares of PGIM Ultra Short Bond ETF $PULS

EverSource Wealth Advisors LLC increased its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 91.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,315 shares of the company’s stock after purchasing an additional 10,679 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,105,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in shares of PGIM Ultra Short Bond ETF by 56.7% during the 1st quarter. Cetera Investment Advisers now owns 4,739,085 shares of the company’s stock worth $234,585,000 after buying an additional 1,715,376 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of PGIM Ultra Short Bond ETF by 17.8% in the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after buying an additional 1,647,341 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 4.3% in the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock valued at $1,954,378,000 after acquiring an additional 1,631,142 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of PGIM Ultra Short Bond ETF by 1,051.8% in the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock valued at $51,456,000 after acquiring an additional 942,934 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 22.8% during the first quarter. PNC Financial Services Group Inc. now owns 4,939,651 shares of the company’s stock valued at $244,513,000 after acquiring an additional 918,258 shares during the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Down 0.3%

Shares of PULS opened at $49.54 on Friday. The stock has a 50 day moving average of $49.63 and a 200 day moving average of $49.65. The company has a market capitalization of $17.36 billion, a price-to-earnings ratio of -23.82 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84.

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.