VestGen Advisors LLC Acquires 13,766 Shares of PGIM Ultra Short Bond ETF $PULS

VestGen Advisors LLC acquired a new position in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,766 shares of the company’s stock, valued at approximately $681,000.

Several other hedge funds and other institutional investors also recently modified their holdings of PULS. Anchor Investment Management LLC acquired a new stake in PGIM Ultra Short Bond ETF in the first quarter worth about $25,000. Flagship Wealth Advisors LLC bought a new stake in shares of PGIM Ultra Short Bond ETF during the 1st quarter worth about $25,000. TOP Private Wealth LLC. bought a new stake in shares of PGIM Ultra Short Bond ETF during the 2nd quarter worth about $48,000. NBH Bank bought a new position in shares of PGIM Ultra Short Bond ETF in the second quarter valued at approximately $53,000. Finally, Parkside Financial Bank & Trust bought a new position in PGIM Ultra Short Bond ETF during the 2nd quarter valued at $80,000. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Stock Performance

PULS opened at $49.48 on Friday. The company has a market capitalization of $19.76 billion, a PE ratio of -23.79 and a beta of 0.02. The stock’s fifty day moving average is $49.58 and its 200-day moving average is $49.63. PGIM Ultra Short Bond ETF has a one year low of $49.45 and a one year high of $49.83.

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. PULS was launched on Apr 5, 2018 and is managed by PGIM.