BOS Asset Management LLC Boosts Holdings in PGIM Ultra Short Bond ETF $PULS

BOS Asset Management LLC lifted its position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 476,689 shares of the company’s stock after buying an additional 104,288 shares during the quarter. PGIM Ultra Short Bond ETF comprises 5.4% of BOS Asset Management LLC’s holdings, making the stock its 2nd biggest position. BOS Asset Management LLC’s holdings in PGIM Ultra Short Bond ETF were worth $23,577,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of PULS. First Heartland Consultants Inc. bought a new stake in PGIM Ultra Short Bond ETF during the third quarter worth about $2,049,000. Farther Finance Advisors LLC increased its holdings in PGIM Ultra Short Bond ETF by 35.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 262,643 shares of the company’s stock valued at $12,990,000 after buying an additional 68,784 shares during the period. CoreCap Advisors LLC increased its holdings in PGIM Ultra Short Bond ETF by 20.6% in the 3rd quarter. CoreCap Advisors LLC now owns 10,845 shares of the company’s stock valued at $536,000 after buying an additional 1,852 shares during the period. Avidian Wealth Enterprises LLC raised its position in shares of PGIM Ultra Short Bond ETF by 168.0% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 62,448 shares of the company’s stock valued at $3,089,000 after buying an additional 39,150 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its position in shares of PGIM Ultra Short Bond ETF by 35.4% in the 3rd quarter. Valeo Financial Advisors LLC now owns 914,811 shares of the company’s stock valued at $45,247,000 after buying an additional 239,190 shares in the last quarter. Institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

Shares of PGIM Ultra Short Bond ETF stock traded up $0.03 on Friday, reaching $49.52. 1,284,320 shares of the stock were exchanged, compared to its average volume of 2,857,987. The firm has a market cap of $19.52 billion, a PE ratio of -23.81 and a beta of 0.02. The firm’s 50 day moving average is $49.59 and its 200-day moving average is $49.61. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83.

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.