PGIM Ultra Short Bond ETF $PULS Holdings Raised by Shore Point Advisors LLC

Shore Point Advisors LLC grew its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 4.2% in the third quarter, HoldingsChannel reports. The fund owned 252,696 shares of the company’s stock after acquiring an additional 10,271 shares during the period. PGIM Ultra Short Bond ETF accounts for 3.2% of Shore Point Advisors LLC’s holdings, making the stock its 8th largest position. Shore Point Advisors LLC’s holdings in PGIM Ultra Short Bond ETF were worth $12,364,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Anchor Investment Management LLC lifted its position in shares of PGIM Ultra Short Bond ETF by 49.6% during the second quarter. Anchor Investment Management LLC now owns 751 shares of the company’s stock worth $37,000 after purchasing an additional 249 shares in the last quarter. PVG Asset Management Corp grew its stake in shares of PGIM Ultra Short Bond ETF by 5.7% during the second quarter. PVG Asset Management Corp now owns 5,573 shares of the company’s stock valued at $276,000 after purchasing an additional 302 shares during the last quarter. Friedenthal Financial grew its stake in shares of PGIM Ultra Short Bond ETF by 2.0% during the first quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock valued at $943,000 after purchasing an additional 377 shares during the last quarter. KPP Advisory Services LLC increased its holdings in shares of PGIM Ultra Short Bond ETF by 10.3% in the first quarter. KPP Advisory Services LLC now owns 5,350 shares of the company’s stock valued at $265,000 after purchasing an additional 500 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its holdings in shares of PGIM Ultra Short Bond ETF by 8.2% in the second quarter. Legacy Wealth Managment LLC ID now owns 6,726 shares of the company’s stock valued at $333,000 after purchasing an additional 508 shares in the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Stock Up 0.0%

PULS stock traded up $0.01 during trading on Wednesday, hitting $49.53. The company had a trading volume of 1,591,222 shares, compared to its average volume of 2,869,922. The firm has a 50-day moving average price of $49.59 and a 200-day moving average price of $49.61. PGIM Ultra Short Bond ETF has a 12 month low of $49.45 and a 12 month high of $49.83. The stock has a market cap of $19.65 billion, a price-to-earnings ratio of -23.81 and a beta of 0.02.

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.