PGIM Ultra Short Bond ETF $PULS Stock Position Increased by First Citizens Financial Corp

First Citizens Financial Corp increased its position in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 29.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,427 shares of the company’s stock after buying an additional 17,347 shares during the period. PGIM Ultra Short Bond ETF accounts for about 1.6% of First Citizens Financial Corp’s investment portfolio, making the stock its 20th biggest position. First Citizens Financial Corp’s holdings in PGIM Ultra Short Bond ETF were worth $3,780,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Anchor Investment Management LLC raised its holdings in shares of PGIM Ultra Short Bond ETF by 49.6% during the 2nd quarter. Anchor Investment Management LLC now owns 751 shares of the company’s stock worth $37,000 after acquiring 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% in the 2nd quarter. PVG Asset Management Corp now owns 5,573 shares of the company’s stock worth $276,000 after buying an additional 302 shares in the last quarter. Friedenthal Financial increased its holdings in shares of PGIM Ultra Short Bond ETF by 2.0% in the 1st quarter. Friedenthal Financial now owns 19,046 shares of the company’s stock worth $943,000 after buying an additional 377 shares during the last quarter. KPP Advisory Services LLC raised its position in shares of PGIM Ultra Short Bond ETF by 10.3% during the 1st quarter. KPP Advisory Services LLC now owns 5,350 shares of the company’s stock valued at $265,000 after buying an additional 500 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID raised its position in shares of PGIM Ultra Short Bond ETF by 8.2% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 6,726 shares of the company’s stock valued at $333,000 after buying an additional 508 shares in the last quarter. Hedge funds and other institutional investors own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS remained flat at $49.47 on Friday. The company had a trading volume of 4,161,054 shares, compared to its average volume of 2,863,641. The firm has a market cap of $19.49 billion, a P/E ratio of -23.78 and a beta of 0.02. PGIM Ultra Short Bond ETF has a 12 month low of $49.45 and a 12 month high of $49.83. The company’s 50-day moving average is $49.61 and its two-hundred day moving average is $49.62.

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.