JPMorgan Chase & Co. Purchases 1,631,142 Shares of PGIM Ultra Short Bond ETF $PULS

JPMorgan Chase & Co. lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,410,722 shares of the company’s stock after purchasing an additional 1,631,142 shares during the quarter. JPMorgan Chase & Co. owned about 14.68% of PGIM Ultra Short Bond ETF worth $1,954,378,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC boosted its holdings in PGIM Ultra Short Bond ETF by 1,346.2% in the fourth quarter. Sound Income Strategies LLC now owns 564 shares of the company’s stock worth $28,000 after acquiring an additional 525 shares in the last quarter. Turim 21 Investimentos Ltda. bought a new stake in PGIM Ultra Short Bond ETF in the third quarter worth $30,000. Rossby Financial LCC bought a new stake in PGIM Ultra Short Bond ETF in the third quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in PGIM Ultra Short Bond ETF by 394.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 643 shares of the company’s stock worth $32,000 after acquiring an additional 513 shares in the last quarter. Finally, Kingdom Financial Group LLC. bought a new stake in PGIM Ultra Short Bond ETF in the fourth quarter worth $32,000. 72.71% of the stock is currently owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

PGIM Ultra Short Bond ETF stock opened at $49.57 on Tuesday. The business’s fifty day simple moving average is $49.62 and its two-hundred day simple moving average is $49.67. PGIM Ultra Short Bond ETF has a 12 month low of $49.50 and a 12 month high of $49.84. The company has a market capitalization of $16.37 billion, a price-to-earnings 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.