Blueprint Financial Advisors LLC Buys Shares of 22,606 PGIM Ultra Short Bond ETF $PULS

Blueprint Financial Advisors LLC bought a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 22,606 shares of the company’s stock, valued at approximately $1,126,000.

A number of other institutional investors and hedge funds also recently modified their holdings of PULS. JPMorgan Chase & Co. boosted its stake in PGIM Ultra Short Bond ETF by 12.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,779,580 shares of the company’s stock worth $1,882,557,000 after acquiring an additional 4,065,547 shares during the last quarter. Prudential Financial Inc. boosted its position in shares of PGIM Ultra Short Bond ETF by 13.7% during the second quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock worth $1,241,407,000 after purchasing an additional 2,999,297 shares in the last quarter. Bank of America Corp DE boosted its position in shares of PGIM Ultra Short Bond ETF by 17.8% during the second quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after purchasing an additional 1,647,341 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of PGIM Ultra Short Bond ETF by 269.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 936,430 shares of the company’s stock valued at $46,597,000 after buying an additional 682,812 shares during the period. Finally, Milestone Asset Management LLC increased its position in shares of PGIM Ultra Short Bond ETF by 263.5% in the 2nd quarter. Milestone Asset Management LLC now owns 858,521 shares of the company’s stock valued at $42,720,000 after buying an additional 622,310 shares in the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Trading Down 0.4%

PULS stock opened at $49.61 on Tuesday. PGIM Ultra Short Bond ETF has a 1-year low of $49.34 and a 1-year high of $49.84. The firm has a market cap of $13.32 billion, a PE ratio of -23.85 and a beta of 0.01. The business’s 50-day moving average price is $49.70 and its two-hundred day moving average price is $49.72.

PGIM Ultra Short Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be given a $0.1654 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%. PGIM Ultra Short Bond ETF’s payout ratio is currently -112.98%.

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.