PGIM Ultra Short Bond ETF $PULS Stock Position Lifted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 26.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 318,137 shares of the company’s stock after buying an additional 66,780 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.12% of PGIM Ultra Short Bond ETF worth $15,776,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Turim 21 Investimentos Ltda. purchased a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $30,000. Rossby Financial LCC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the third quarter worth $31,000. Assetmark Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 667.4% during the third quarter. Assetmark Inc. now owns 683 shares of the company’s stock worth $34,000 after acquiring an additional 594 shares in the last quarter. Pinnacle Bancorp Inc. boosted its position in PGIM Ultra Short Bond ETF by 102.2% during the third quarter. Pinnacle Bancorp Inc. now owns 1,090 shares of the company’s stock valued at $54,000 after purchasing an additional 551 shares during the last quarter. Finally, Spire Wealth Management boosted its position in PGIM Ultra Short Bond ETF by 83.7% during the third quarter. Spire Wealth Management now owns 1,139 shares of the company’s stock valued at $57,000 after purchasing an additional 519 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA PULS opened at $49.66 on Friday. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year high of $49.84. The business’s 50-day moving average price is $49.68 and its two-hundred day moving average price is $49.71. The company has a market capitalization of $14.46 billion, a P/E ratio of -23.88 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1654 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%. PGIM Ultra Short Bond ETF’s dividend payout ratio is currently -112.02%.

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.