Collective Family Office LLC Grows Position in PGIM Ultra Short Bond ETF $PULS

Collective Family Office LLC increased its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 12.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,481 shares of the company’s stock after purchasing an additional 13,385 shares during the quarter. PGIM Ultra Short Bond ETF accounts for approximately 1.2% of Collective Family Office LLC’s portfolio, making the stock its 27th biggest position. Collective Family Office LLC’s holdings in PGIM Ultra Short Bond ETF were worth $5,871,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PULS. Anchor Investment Management LLC purchased a new position in PGIM Ultra Short Bond ETF during the first quarter worth about $25,000. Flagship Wealth Advisors LLC acquired a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter valued at about $25,000. Sound Income Strategies LLC raised its stake in shares of 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 valued at $28,000 after acquiring an additional 525 shares during the period. Turim 21 Investimentos Ltda. purchased a new stake in shares of PGIM Ultra Short Bond ETF in the 3rd quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of PGIM Ultra Short Bond ETF by 394.6% in the 4th 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 during the last quarter. 72.71% of the stock is currently owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA:PULS opened at $49.56 on Tuesday. The stock has a market capitalization of $17.37 billion, a P/E ratio of -23.83 and a beta of 0.02. The company has a 50 day moving average price of $49.62 and a 200 day moving average price of $49.65. PGIM Ultra Short Bond ETF has a fifty-two week low of $49.50 and a fifty-two week high of $49.84.

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.