Janney Montgomery Scott LLC Grows Stock Position in PGIM Ultra Short Bond ETF $PULS

Janney Montgomery Scott LLC lifted its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 30.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 563,607 shares of the company’s stock after buying an additional 132,948 shares during the period. Janney Montgomery Scott LLC’s holdings in PGIM Ultra Short Bond ETF were worth $27,899,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Sound Income Strategies LLC increased its holdings in PGIM Ultra Short Bond ETF by 1,346.2% during the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock valued at $28,000 after buying an additional 525 shares during the last quarter. Turim 21 Investimentos Ltda. bought a new stake in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of PGIM Ultra Short Bond ETF by 394.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after purchasing an additional 513 shares in the last quarter. Kingdom Financial Group LLC. purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth $32,000. Finally, Blue Trust Inc. raised its holdings in PGIM Ultra Short Bond ETF by 100,000.0% in the 4th quarter. Blue Trust Inc. now owns 1,001 shares of the company’s stock worth $50,000 after purchasing an additional 1,000 shares during the period. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS opened at $49.71 on Tuesday. The company has a market capitalization of $17.39 billion, a PE ratio of -23.90 and a beta of 0.02. The business’s fifty day moving average is $49.64 and its 200 day moving average is $49.66. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84.

PGIM Ultra Short Bond ETF 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.