PGIM Ultra Short Bond ETF $PULS is Smallwood Wealth Investment Management LLC’s 8th Largest Position

Smallwood Wealth Investment Management LLC raised its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 26.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 140,180 shares of the company’s stock after purchasing an additional 29,058 shares during the period. PGIM Ultra Short Bond ETF makes up about 3.1% of Smallwood Wealth Investment Management LLC’s investment portfolio, making the stock its 8th largest holding. Smallwood Wealth Investment Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $6,946,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Anchor Investment Management LLC purchased a new stake in shares of PGIM Ultra Short Bond ETF during the first quarter valued at $25,000. Flagship Wealth Advisors LLC purchased a new position in PGIM Ultra Short Bond ETF in the 1st quarter worth about $25,000. Turim 21 Investimentos Ltda. bought a new position in PGIM Ultra Short Bond ETF during the 3rd quarter valued at about $30,000. Kingdom Financial Group LLC. bought a new position in PGIM Ultra Short Bond ETF during the 4th quarter valued at about $32,000. Finally, Blue Trust Inc. boosted its holdings in shares of PGIM Ultra Short Bond ETF by 61.9% during the 1st quarter. Blue Trust Inc. now owns 1,621 shares of the company’s stock valued at $80,000 after acquiring an additional 620 shares during the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Up 0.0%

Shares of PULS stock opened at $49.55 on Thursday. The company has a 50 day moving average price of $49.62 and a 200-day moving average price of $49.63. PGIM Ultra Short Bond ETF has a 52 week low of $49.50 and a 52 week high of $49.84. The firm has a market capitalization of $17.36 billion, a PE ratio of -23.82 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.