PGIM Ultra Short Bond ETF $PULS Shares Bought by Hedeker Wealth LLC

Hedeker Wealth LLC increased its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 13.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 316,211 shares of the company’s stock after acquiring an additional 37,993 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 3.0% of Hedeker Wealth LLC’s holdings, making the stock its 12th biggest position. Hedeker Wealth LLC owned 0.08% of PGIM Ultra Short Bond ETF worth $15,668,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. PVG Asset Management Corp increased its position in PGIM Ultra Short Bond ETF by 5.7% in the 2nd quarter. PVG Asset Management Corp now owns 5,573 shares of the company’s stock valued at $276,000 after acquiring an additional 302 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 during the period. Captrust Financial Advisors lifted its position in PGIM Ultra Short Bond ETF by 2.0% during the 2nd quarter. Captrust Financial Advisors now owns 18,055 shares of the company’s stock worth $898,000 after acquiring an additional 361 shares during the period. Friedenthal Financial lifted its position in PGIM Ultra Short Bond ETF by 2.0% during the 1st quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock worth $943,000 after acquiring an additional 377 shares during the period. Finally, Financial Engines Advisors L.L.C. grew its stake in shares of PGIM Ultra Short Bond ETF by 3.3% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 12,489 shares of the company’s stock valued at $622,000 after purchasing an additional 396 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA:PULS opened at $49.57 on Wednesday. The firm has a market cap of $18.79 billion, a P/E ratio of -23.83 and a beta of 0.02. The stock’s 50 day simple moving average is $49.61 and its 200-day simple moving average is $49.63. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 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.