PGIM Ultra Short Bond ETF $PULS Holdings Increased by WESPAC Advisors LLC

WESPAC Advisors LLC increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 43.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 89,336 shares of the company’s stock after buying an additional 27,037 shares during the quarter. PGIM Ultra Short Bond ETF comprises 2.6% of WESPAC Advisors LLC’s holdings, making the stock its 4th largest position. WESPAC Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $4,452,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Prudential Financial Inc. boosted its position in PGIM Ultra Short Bond ETF by 13.7% in the 2nd quarter. Prudential Financial Inc. now owns 24,947,177 shares of the company’s stock valued at $1,241,407,000 after buying an additional 2,999,297 shares during the last quarter. Bank of America Corp DE grew its stake in 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 valued at $543,576,000 after purchasing an additional 1,647,341 shares in the last quarter. Horizon Wealth Management LLC acquired a new stake in PGIM Ultra Short Bond ETF during the 2nd quarter valued at approximately $62,497,000. JPMorgan Chase & Co. increased its holdings in PGIM Ultra Short Bond ETF by 2.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 33,714,033 shares of the company’s stock worth $1,677,610,000 after purchasing an additional 897,077 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position 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 purchasing an additional 682,812 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

PULS stock opened at $49.69 on Wednesday. The firm has a 50 day simple moving average of $49.70 and a 200-day simple moving average of $49.71. The company has a market capitalization of $13.34 billion, a P/E ratio of -23.89 and a beta of 0.01. PGIM Ultra Short Bond ETF has a twelve month low of $49.34 and a twelve month high of $49.84.

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.