PGIM Ultra Short Bond ETF $PULS Stock: MBM Wealth Consultants LLC Boosts Position

MBM Wealth Consultants LLC increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 6.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 610,136 shares of the company’s stock after purchasing an additional 39,292 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 5.5% of MBM Wealth Consultants LLC’s investment portfolio, making the stock its 5th largest holding. MBM Wealth Consultants LLC’s holdings in PGIM Ultra Short Bond ETF were worth $30,177,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Prime Capital Investment Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF during the third quarter valued at approximately $814,000. Cypress Capital LLC raised its stake in PGIM Ultra Short Bond ETF by 11.9% during the third quarter. Cypress Capital LLC now owns 56,166 shares of the company’s stock valued at $2,778,000 after buying an additional 5,958 shares during the last quarter. Focused Alpha LLC boosted its holdings in PGIM Ultra Short Bond ETF by 30.1% in the third quarter. Focused Alpha LLC now owns 218,570 shares of the company’s stock worth $10,810,000 after acquiring an additional 50,608 shares in the last quarter. Tenet Wealth Partners LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 71.7% in the third quarter. Tenet Wealth Partners LLC now owns 7,912 shares of the company’s stock worth $391,000 after acquiring an additional 3,304 shares during the last quarter. Finally, Prairie Advisory LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 124.8% in the third quarter. Prairie Advisory LLC now owns 717,018 shares of the company’s stock worth $35,464,000 after acquiring an additional 398,072 shares during the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Down 0.0%

Shares of NYSEARCA:PULS traded down $0.01 on Tuesday, hitting $49.56. 1,316,480 shares of the company traded hands, compared to its average volume of 2,873,866. The stock has a 50 day simple moving average of $49.58 and a 200-day simple moving average of $49.61. The company has a market cap of $19.72 billion, a PE ratio of -23.83 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 52 week low of $49.45 and a 52 week high of $49.83.

PGIM Ultra Short Bond ETF 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.