Silver Oak Securities Incorporated Acquires 37,193 Shares of PGIM Ultra Short Bond ETF $PULS

Silver Oak Securities Incorporated lifted its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 424.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 45,959 shares of the company’s stock after purchasing an additional 37,193 shares during the quarter. Silver Oak Securities Incorporated’s holdings in PGIM Ultra Short Bond ETF were worth $2,279,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 4th quarter worth approximately $602,000. Embree Financial Group lifted its stake in PGIM Ultra Short Bond ETF by 85.1% in the fourth quarter. Embree Financial Group now owns 442,084 shares of the company’s stock valued at $21,923,000 after buying an additional 203,209 shares in the last quarter. Global View Capital Management LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 184.8% in the fourth quarter. Global View Capital Management LLC now owns 126,558 shares of the company’s stock valued at $6,276,000 after buying an additional 82,114 shares during the period. Spire Wealth Management boosted its holdings in shares of PGIM Ultra Short Bond ETF by 7,574.3% in the fourth quarter. Spire Wealth Management now owns 87,410 shares of the company’s stock valued at $4,335,000 after buying an additional 86,271 shares during the period. Finally, Lineweaver Wealth Advisors LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the fourth quarter worth $281,000. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:PULS opened at $49.66 on Tuesday. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84. The company’s fifty day simple moving average is $49.68 and its 200 day simple moving average is $49.71. The firm has a market cap of $14.51 billion, a price-to-earnings ratio of -23.88 and a beta of 0.01.

PGIM Ultra Short Bond ETF Cuts Dividend

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