Capital Analysts LLC Purchases 65,169 Shares of PGIM Ultra Short Bond ETF $PULS

Capital Analysts LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 81.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,762 shares of the company’s stock after buying an additional 65,169 shares during the period. Capital Analysts LLC’s holdings in PGIM Ultra Short Bond ETF were worth $7,173,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Western Wealth Management LLC lifted its holdings in PGIM Ultra Short Bond ETF by 113.5% during the 4th quarter. Western Wealth Management LLC now owns 40,031 shares of the company’s stock valued at $1,985,000 after buying an additional 21,279 shares in the last quarter. Macco Financial Group Inc. bought a new position in shares of PGIM Ultra Short Bond ETF in the 1st quarter worth $1,244,000. Northwestern Mutual Wealth Management Co. raised its holdings in PGIM Ultra Short Bond ETF by 4.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,115,706 shares of the company’s stock worth $55,328,000 after purchasing an additional 49,480 shares in the last quarter. Intrepid Family Office LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $620,000. Finally, Valmark Advisers Inc. raised its stake in PGIM Ultra Short Bond ETF by 47.7% in the first quarter. Valmark Advisers Inc. now owns 69,201 shares of the company’s stock valued at $3,425,000 after buying an additional 22,350 shares during 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

NYSEARCA PULS opened at $49.57 on Wednesday. The stock’s fifty day moving average price is $49.61 and its 200 day moving average price is $49.63. The company has a market cap of $18.79 billion, a price-to-earnings ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 1 year low of $49.50 and a 1 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.