Little House Capital LLC Acquires 35,118 Shares of PGIM Ultra Short Bond ETF $PULS

Little House Capital LLC raised its stake in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 28.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 159,905 shares of the company’s stock after purchasing an additional 35,118 shares during the quarter. PGIM Ultra Short Bond ETF makes up about 2.0% of Little House Capital LLC’s holdings, making the stock its 18th biggest holding. Little House Capital LLC owned about 0.05% of PGIM Ultra Short Bond ETF worth $7,915,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE grew its holdings in shares of PGIM Ultra Short Bond ETF by 17.8% during the 2nd quarter. Bank of America Corp DE now owns 10,923,947 shares of the company’s stock worth $543,576,000 after acquiring an additional 1,647,341 shares during the period. JPMorgan Chase & Co. raised its holdings in PGIM Ultra Short Bond ETF by 4.3% in the fourth quarter. JPMorgan Chase & Co. now owns 39,410,722 shares of the company’s stock worth $1,954,378,000 after purchasing an additional 1,631,142 shares in the last quarter. Ameriprise Financial Inc. lifted its position in PGIM Ultra Short Bond ETF by 1,051.8% during the third quarter. Ameriprise Financial Inc. now owns 1,032,581 shares of the company’s stock valued at $51,456,000 after buying an additional 942,934 shares during the period. LPL Financial LLC lifted its position in PGIM Ultra Short Bond ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 11,148,152 shares of the company’s stock valued at $552,837,000 after buying an additional 869,510 shares during the period. Finally, Blue Water Asset Management bought a new stake in shares of PGIM Ultra Short Bond ETF during the 4th quarter valued at $40,936,000. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Price Performance

NYSEARCA:PULS opened at $49.64 on Friday. The firm’s 50-day moving average price is $49.63 and its 200-day moving average price is $49.65. The company has a market capitalization of $17.39 billion, a PE ratio of -23.87 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 1-year low of $49.50 and a 1-year high of $49.84.

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.