PGIM Ultra Short Bond ETF $PULS Shares Purchased by Cypress Capital LLC

Cypress Capital LLC raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 43.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 43,807 shares of the company’s stock after acquiring an additional 13,189 shares during the period. Cypress Capital LLC’s holdings in PGIM Ultra Short Bond ETF were worth $2,180,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PULS. BankPlus Wealth Management LLC grew its holdings in shares of PGIM Ultra Short Bond ETF by 8.8% in the 2nd quarter. BankPlus Wealth Management LLC now owns 4,692 shares of the company’s stock worth $233,000 after acquiring an additional 381 shares during the last quarter. Genesis Private Wealth LLC increased its stake in PGIM Ultra Short Bond ETF by 1.2% in the 2nd quarter. Genesis Private Wealth LLC now owns 45,929 shares of the company’s stock worth $2,285,000 after purchasing an additional 540 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in PGIM Ultra Short Bond ETF by 0.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 92,538 shares of the company’s stock worth $4,605,000 after buying an additional 546 shares during the period. Howard Capital Management Inc. lifted its stake in PGIM Ultra Short Bond ETF by 2.3% during the first quarter. Howard Capital Management Inc. now owns 24,923 shares of the company’s stock valued at $1,239,000 after buying an additional 557 shares in the last quarter. Finally, Atria Wealth Solutions Inc. lifted its stake in PGIM Ultra Short Bond ETF by 0.4% during the first quarter. Atria Wealth Solutions Inc. now owns 126,486 shares of the company’s stock valued at $6,290,000 after buying an additional 559 shares in the last quarter. 72.71% of the stock is owned by institutional investors.

PGIM Ultra Short Bond ETF Price Performance

Shares of PULS opened at $49.68 on Monday. The company has a 50-day moving average of $49.73 and a two-hundred day moving average of $49.69. The stock has a market cap of $12.63 billion, a price-to-earnings ratio of -23.88 and a beta of 0.01. PGIM Ultra Short Bond ETF has a one year low of $49.34 and a one year 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.