Persium Advisors LLC Acquires 618,064 Shares of PGIM Ultra Short Bond ETF $PULS

Persium Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 618,064 shares of the company’s stock, valued at approximately $30,569,000. PGIM Ultra Short Bond ETF accounts for about 15.5% of Persium Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Persium Advisors LLC owned approximately 0.16% of PGIM Ultra Short Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Macco Financial Group Inc. purchased a new stake in PGIM Ultra Short Bond ETF during the first quarter valued at about $1,244,000. Intrepid Family Office LLC purchased a new position in shares of PGIM Ultra Short Bond ETF in the fourth quarter worth approximately $620,000. Valmark Advisers Inc. lifted its position in shares of PGIM Ultra Short Bond ETF by 47.7% in the 1st quarter. Valmark Advisers Inc. now owns 69,201 shares of the company’s stock valued at $3,425,000 after acquiring an additional 22,350 shares in the last quarter. World Investment Advisors boosted its stake in PGIM Ultra Short Bond ETF by 658.6% in the 1st quarter. World Investment Advisors now owns 43,527 shares of the company’s stock worth $2,155,000 after purchasing an additional 37,789 shares during the period. Finally, Integrated Wealth Concepts LLC grew its position in PGIM Ultra Short Bond ETF by 111.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 95,645 shares of the company’s stock worth $4,739,000 after purchasing an additional 50,456 shares in the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

NYSEARCA:PULS traded up $0.02 during trading hours on Wednesday, hitting $49.51. 2,643,032 shares of the stock traded hands, compared to its average volume of 2,866,415. The firm has a 50 day moving average price of $49.60 and a 200 day moving average price of $49.61. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.45 and a fifty-two week high of $49.83. The firm has a market cap of $19.51 billion, a price-to-earnings ratio of -23.80 and a beta of 0.02.

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.