Leelyn Smith LLC Has $13.44 Million Stock Holdings in PGIM Ultra Short Bond ETF $PULS

Leelyn Smith LLC lessened its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 7.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 271,482 shares of the company’s stock after selling 22,604 shares during the period. PGIM Ultra Short Bond ETF makes up 1.9% of Leelyn Smith LLC’s portfolio, making the stock its 10th biggest position. Leelyn Smith LLC’s holdings in PGIM Ultra Short Bond ETF were worth $13,438,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PULS. Diversify Advisory Services LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 19.6% during the third quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock valued at $7,595,000 after buying an additional 25,105 shares during the last quarter. Seed Wealth Management Inc. grew its holdings in PGIM Ultra Short Bond ETF by 297.1% in the 4th quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after buying an additional 74,905 shares in the last quarter. Aptus Capital Advisors LLC increased its position in PGIM Ultra Short Bond ETF by 6.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock valued at $28,738,000 after acquiring an additional 33,902 shares during the period. Farther Finance Advisors LLC increased its position in PGIM Ultra Short Bond ETF by 1,066.8% in the 4th quarter. Farther Finance Advisors LLC now owns 186,532 shares of the company’s stock valued at $9,250,000 after acquiring an additional 170,546 shares during the period. Finally, Embree Financial Group raised its stake in PGIM Ultra Short Bond ETF by 85.1% during the 4th quarter. Embree Financial Group now owns 442,084 shares of the company’s stock valued at $21,923,000 after acquiring an additional 203,209 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.57 on Friday. PGIM Ultra Short Bond ETF has a 1-year low of $49.50 and a 1-year high of $49.84. The business’s fifty day moving average price is $49.63 and its two-hundred day moving average price is $49.66. The company has a market capitalization of $17.37 billion, a P/E ratio of -23.83 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.