Core Wealth Advisors LLC Makes New $8.96 Million Investment in PGIM Ultra Short Bond ETF $PULS

Core Wealth Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 180,634 shares of the company’s stock, valued at approximately $8,958,000. PGIM Ultra Short Bond ETF makes up 5.5% of Core Wealth Advisors LLC’s holdings, making the stock its 6th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Diversify Advisory Services LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 19.6% during the 3rd quarter. Diversify Advisory Services LLC now owns 152,998 shares of the company’s stock worth $7,595,000 after purchasing an additional 25,105 shares during the last quarter. Seed Wealth Management Inc. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 297.1% during the 4th quarter. Seed Wealth Management Inc. now owns 100,114 shares of the company’s stock worth $4,965,000 after purchasing an additional 74,905 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 6.2% during the 3rd quarter. Aptus Capital Advisors LLC now owns 576,714 shares of the company’s stock worth $28,738,000 after purchasing an additional 33,902 shares during the last quarter. BlueStem Wealth Partners LLC boosted its holdings in shares of PGIM Ultra Short Bond ETF by 19.5% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 105,778 shares of the company’s stock worth $5,271,000 after purchasing an additional 17,289 shares during the last quarter. Finally, Embree Financial Group boosted its holdings in shares of 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 worth $21,923,000 after purchasing an additional 203,209 shares during the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Price Performance

Shares of PGIM Ultra Short Bond ETF stock opened at $49.56 on Friday. The stock has a market cap of $14.54 billion, a P/E ratio of -23.83 and a beta of 0.02. The stock’s 50 day simple moving average is $49.63 and its 200-day simple moving average is $49.67. 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.