Prevail Innovative Wealth Advisors LLC decreased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS – Free Report) by 58.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,987 shares of the company’s stock after selling 31,278 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $1,090,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in PULS. Harmony Asset Management LLC acquired a new position in shares of PGIM Ultra Short Bond ETF during the fourth quarter worth about $310,000. BlueStem Wealth Partners LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 25.9% during the 4th quarter. BlueStem Wealth Partners LLC now owns 133,141 shares of the company’s stock valued at $6,602,000 after buying an additional 27,363 shares during the period. IFP Advisors Inc raised its holdings in shares of PGIM Ultra Short Bond ETF by 1.1% during the 4th quarter. IFP Advisors Inc now owns 163,150 shares of the company’s stock valued at $8,091,000 after buying an additional 1,833 shares during the period. Cullen Frost Bankers Inc. lifted its position in PGIM Ultra Short Bond ETF by 9.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 4,202 shares of the company’s stock worth $208,000 after acquiring an additional 361 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in PGIM Ultra Short Bond ETF by 5.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,021,393 shares of the company’s stock worth $199,421,000 after acquiring an additional 221,413 shares during the period. 72.71% of the stock is currently owned by institutional investors and hedge funds.
PGIM Ultra Short Bond ETF Price Performance
Shares of NYSEARCA:PULS opened at $49.67 on Friday. The company has a market capitalization of $14.57 billion, a price-to-earnings ratio of -23.88 and a beta of 0.02. The company has a 50 day moving average of $49.62 and a two-hundred day moving average of $49.67. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84.
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.
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