Realta Investment Advisors Grows Stake in PGIM Ultra Short Bond ETF $PULS

Realta Investment Advisors raised its stake in PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 18.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,167 shares of the company’s stock after acquiring an additional 1,701 shares during the period. Realta Investment Advisors’ holdings in PGIM Ultra Short Bond ETF were worth $556,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of PGIM Ultra Short Bond ETF by 15.8% in the first quarter. JPMorgan Chase & Co. now owns 32,816,956 shares of the company’s stock worth $1,631,987,000 after acquiring an additional 4,479,846 shares during the last quarter. LPL Financial LLC grew its stake in shares of PGIM Ultra Short Bond ETF by 38.1% in the first quarter. LPL Financial LLC now owns 9,494,864 shares of the company’s stock worth $472,180,000 after acquiring an additional 2,618,786 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of PGIM Ultra Short Bond ETF in the first quarter worth $250,500,000. Raymond James Financial Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 38.0% in the first quarter. Raymond James Financial Inc. now owns 4,365,027 shares of the company’s stock worth $217,073,000 after acquiring an additional 1,202,781 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of PGIM Ultra Short Bond ETF by 1.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,567,987 shares of the company’s stock worth $177,436,000 after acquiring an additional 34,545 shares during the last quarter. 72.71% of the stock is owned by hedge funds and other institutional investors.

PGIM Ultra Short Bond ETF Stock Performance

NYSEARCA PULS opened at $49.67 on Friday. PGIM Ultra Short Bond ETF has a 12 month low of $49.34 and a 12 month high of $49.84. The stock has a market cap of $12.63 billion, a P/E ratio of -23.88 and a beta of 0.04. The stock’s fifty day moving average price is $49.73 and its 200-day moving average price is $49.65.

PGIM Ultra Short Bond ETF Company 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.