Harbour Investments Inc. Raises Holdings in PGIM Ultra Short Bond ETF $PULS

Harbour Investments Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 22.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 197,465 shares of the company’s stock after purchasing an additional 36,128 shares during the period. Harbour Investments Inc. owned approximately 0.07% of PGIM Ultra Short Bond ETF worth $9,792,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PULS. JPMorgan Chase & Co. boosted its stake in PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock valued at $1,882,557,000 after purchasing an additional 4,065,547 shares during the last quarter. Bank of America Corp DE boosted its stake in PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock valued at $543,576,000 after purchasing an additional 1,647,341 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of PGIM Ultra Short Bond ETF by 1,051.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after buying an additional 942,934 shares during the last quarter. Blue Water Asset Management purchased a new position in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth $40,936,000. Finally, Jones Financial Companies Lllp boosted its stake in shares of PGIM Ultra Short Bond ETF by 39.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,163,891 shares of the company’s stock worth $107,762,000 after buying an additional 615,683 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

PULS stock opened at $49.70 on Tuesday. The company has a market cap of $14.58 billion, a P/E ratio of -23.89 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. The stock’s fifty day moving average price is $49.63 and its 200-day moving average price is $49.67.

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.