Private Trust Co. NA Sells 10,760 Shares of PGIM Ultra Short Bond ETF $PULS

Private Trust Co. NA decreased its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 23.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 35,120 shares of the company’s stock after selling 10,760 shares during the quarter. Private Trust Co. NA’s holdings in PGIM Ultra Short Bond ETF were worth $1,750,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Temasek Holdings Private Ltd purchased a new stake in PGIM Ultra Short Bond ETF in the 1st quarter worth $250,500,000. Prudential Financial Inc. grew its position in shares of PGIM Ultra Short Bond ETF by 13.7% during the second quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock valued at $1,241,407,000 after purchasing an additional 2,999,297 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of PGIM Ultra Short Bond ETF by 17.8% in the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after purchasing an additional 1,647,341 shares during the last quarter. Horizon Wealth Management LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF in the second quarter worth about $62,497,000. Finally, JPMorgan Chase & Co. lifted its position in shares of PGIM Ultra Short Bond ETF by 2.7% in the second quarter. JPMorgan Chase & Co. now owns 33,714,033 shares of the company’s stock worth $1,677,610,000 after buying an additional 897,077 shares in the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Trading Up 0.0%

Shares of PGIM Ultra Short Bond ETF stock opened at $49.77 on Friday. The firm has a market cap of $13.29 billion, a PE ratio of -23.93 and a beta of 0.01. The stock has a 50 day moving average of $49.73 and a 200 day moving average of $49.71. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 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.