PGIM Ultra Short Bond ETF $PULS Shares Purchased by Symphony Financial Ltd. Co.

Symphony Financial Ltd. Co. grew its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 5.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 435,076 shares of the company’s stock after purchasing an additional 23,123 shares during the quarter. PGIM Ultra Short Bond ETF accounts for 2.5% of Symphony Financial Ltd. Co.’s portfolio, making the stock its 6th largest position. Symphony Financial Ltd. Co. owned about 0.12% of PGIM Ultra Short Bond ETF worth $21,556,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of PULS. Anchor Investment Management LLC bought a new position in PGIM Ultra Short Bond ETF during the first quarter valued at about $25,000. Flagship Wealth Advisors LLC acquired a new stake in PGIM Ultra Short Bond ETF in the 1st quarter valued at about $25,000. Turim 21 Investimentos Ltda. bought a new position in shares of PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $30,000. Kingdom Financial Group LLC. acquired a new position in shares of PGIM Ultra Short Bond ETF in the 4th quarter worth approximately $32,000. Finally, Blue Trust Inc. raised its holdings in shares of PGIM Ultra Short Bond ETF by 61.9% in the 1st quarter. Blue Trust Inc. now owns 1,621 shares of the company’s stock worth $80,000 after purchasing an additional 620 shares in the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS opened at $49.53 on Wednesday. The stock has a market capitalization of $17.36 billion, a P/E ratio of -23.81 and a beta of 0.02. 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 is $49.62 and its two-hundred day moving average is $49.63.

About PGIM Ultra Short Bond ETF

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.