68,751 Shares in PGIM Ultra Short Bond ETF $PULS Acquired by Evergreen Wealth Partners LLC

Evergreen Wealth Partners LLC acquired a new position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 68,751 shares of the company’s stock, valued at approximately $3,409,000. PGIM Ultra Short Bond ETF makes up approximately 2.9% of Evergreen Wealth Partners LLC’s investment portfolio, making the stock its 6th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PULS. Sound Income Strategies LLC grew its holdings in PGIM Ultra Short Bond ETF by 1,346.2% in the 4th quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after buying an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new position in PGIM Ultra Short Bond ETF in the 3rd quarter worth approximately $30,000. Rossby Financial LCC bought a new position in PGIM Ultra Short Bond ETF during the 3rd quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in PGIM Ultra Short Bond ETF by 394.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock valued at $32,000 after purchasing an additional 513 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in PGIM Ultra Short Bond ETF by 667.4% during the 3rd quarter. Assetmark Inc. now owns 683 shares of the company’s stock valued at $34,000 after purchasing an additional 594 shares in the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

Shares of NYSEARCA PULS opened at $49.63 on Friday. The stock has a fifty day moving average price of $49.62 and a two-hundred day moving average price of $49.68. The firm has a market cap of $14.56 billion, a P/E ratio of -23.86 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.

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.