Rockefeller Capital Management L.P. Raises Holdings in PGIM Ultra Short Bond ETF $PULS

Rockefeller Capital Management L.P. boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 120.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 336,493 shares of the company’s stock after acquiring an additional 184,127 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in PGIM Ultra Short Bond ETF were worth $16,687,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in shares of PGIM Ultra Short Bond ETF by 17.8% in 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. JPMorgan Chase & Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 4.3% during the 4th quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares during the period. Ameriprise Financial Inc. increased its position in shares of PGIM Ultra Short Bond ETF by 1,051.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock worth $51,456,000 after purchasing an additional 942,934 shares during the last quarter. LPL Financial LLC increased its position in shares of PGIM Ultra Short Bond ETF by 8.5% during the 4th quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock worth $552,837,000 after purchasing an additional 869,510 shares during the last quarter. Finally, Blue Water Asset Management acquired a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter worth about $40,936,000. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.1%

Shares of PULS opened at $49.68 on Wednesday. The company’s 50-day moving average price is $49.64 and its 200 day moving average price is $49.66. PGIM Ultra Short Bond ETF has a 12-month low of $49.50 and a 12-month high of $49.84. The firm has a market cap of $17.23 billion, a P/E ratio of -23.88 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.