PGIM Ultra Short Bond ETF $PULS Shares Purchased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC raised its holdings in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 9.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 675,621 shares of the company’s stock after acquiring an additional 58,712 shares during the period. PGIM Ultra Short Bond ETF makes up approximately 0.7% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 27th largest position. Valeo Financial Advisors LLC owned about 0.19% of PGIM Ultra Short Bond ETF worth $33,477,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PULS. Focus Partners Wealth grew its position in shares of PGIM Ultra Short Bond ETF by 318.3% in the first quarter. Focus Partners Wealth now owns 22,858 shares of the company’s stock valued at $1,137,000 after purchasing an additional 17,394 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in PGIM Ultra Short Bond ETF during the second quarter worth $330,000. Cerity Partners LLC acquired a new position in PGIM Ultra Short Bond ETF during the second quarter worth $273,000. Betterment LLC boosted its stake in PGIM Ultra Short Bond ETF by 5.2% during the second quarter. Betterment LLC now owns 32,714 shares of the company’s stock worth $1,628,000 after buying an additional 1,628 shares during the last quarter. Finally, Transamerica Financial Advisors LLC grew its holdings in PGIM Ultra Short Bond ETF by 6.1% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 55,224 shares of the company’s stock valued at $2,748,000 after buying an additional 3,157 shares in the last quarter. 72.71% of the stock is currently owned by institutional investors and hedge funds.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of PULS opened at $49.59 on Friday. PGIM Ultra Short Bond ETF has a 52-week low of $49.50 and a 52-week high of $49.84. The company has a market capitalization of $17.38 billion, a PE ratio of -23.84 and a beta of 0.02. The stock has a fifty day simple moving average of $49.62 and a two-hundred day simple moving average of $49.64.

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.