PGIM Ultra Short Bond ETF $PULS Shares Acquired by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC increased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 11.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 234,189 shares of the company’s stock after acquiring an additional 23,700 shares during the period. PGIM Ultra Short Bond ETF makes up about 1.0% of Stonebridge Financial Group LLC’s portfolio, making the stock its 28th largest holding. Stonebridge Financial Group LLC’s holdings in PGIM Ultra Short Bond ETF were worth $11,670,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of PULS. Temasek Holdings Private Ltd purchased a new position in PGIM Ultra Short Bond ETF during the first quarter worth approximately $250,500,000. Prudential Financial Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 13.7% in the second quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock valued at $1,241,407,000 after acquiring an additional 2,999,297 shares in the last quarter. Bank of America Corp DE increased its position in shares of PGIM Ultra Short Bond ETF by 17.8% during 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 in the last quarter. Horizon Wealth Management LLC acquired a new position in PGIM Ultra Short Bond ETF in the 2nd quarter valued at $62,497,000. Finally, JPMorgan Chase & Co. lifted its holdings in PGIM Ultra Short Bond ETF by 2.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 33,714,033 shares of the company’s stock valued at $1,677,610,000 after purchasing an additional 897,077 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Down 0.4%

Shares of PULS opened at $49.58 on Wednesday. PGIM Ultra Short Bond ETF has a 52-week low of $49.34 and a 52-week high of $49.84. The stock has a market cap of $13.29 billion, a PE ratio of -23.84 and a beta of 0.01. The firm’s fifty day moving average is $49.72 and its two-hundred day moving average is $49.72.

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.